Thursday, May 11, 2023
A career as a federal employee provides flexibility when it comes to picking a retirement date, but there are some key considerations you need to make if your goal is to retire early.
Today we want to walk you through some of the conversations we have with federal employees when we help them determine a retirement date. There are a range of ages that come into play along with how many years of service you’ve accumulated and where you worked. Taking these different factors into account will help determine what your retirement benefits will be and whether any penalties might be assessed.
There’s a lot that we want to consider but taking the time to build a plan and determining the best path will help you get the most out of your retirement.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:30 – The typical ages for retirement
4:10 – Postponed retirement and health insurance
7:49 – Requirements for pension bonus
12:52 – When should you start planning?
FEDERAL EMPLOYEES AGES 50+ ARE ELIGIBLE
WITHIN THE CONTINENTAL UNITED STATES
Click below to request your complimentary Federal Employee Benefits Analysis!
Get Retirement Ready!
Our personalized, complimentary pre-retirement analysis helps to explain your Federal benefits, how they work in retirement, and calculate your projected retirement income.
This comprehensive report will cover important areas of your retirement options including:
Federal Retirement Experts is a Jameson Financial Solutions company
Jameson Financial Solutions Cage: 88DU2
Serving Federal Employees Nationwide
We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom-suit their needs and objectives. Federal Retirement Experts is a wholly-owned subsidiary of Jameson Financial Solutions Inc.
This material has been provided by a licensed insurance professional for informational and educational purposes only and is not endorsed or affiliated with the Social Security Administration or any government agency.
Any references to protection benefits or steady and reliable income streams on this website refer only to fixed insurance products. They do not refer, in any way, to securities or investment advisory products. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. Annuities are not FDIC insured.
The information and opinions contained in any of the material requested from this website are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.