Thursday, May 11, 2023
If you're a federal employee approaching retirement, understanding your survivor benefits and the impact of your choices on your future is crucial. Survivor benefits in federal retirement are not just a financial issue, they also play a vital role in securing healthcare for your spouse in retirement. This episode offers an in-depth exploration of these benefits and the vital decisions that come with them.
Gregory breaks down the two options available to federal employees, the 25% and 50% benefit options, explaining the costs and how each choice affects the spouse in the event of the retiree's passing. We also talk through some possible alternatives, like life insurance, and share how to ensure your spouse remains covered under the government health care plan. Tune in to gain valuable insights on navigating the complexities of federal retirement benefits and discover the value of working with a financial expert to help you find the best choice for your situation.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:18 – What is a survivor benefit? How does it work?
8:02 – Does everyone need a survivor benefit plan?
10:50 – Is the survivor benefit plan set in stone?
11:40 – What is the Federal Employee Benefits Analysis like?
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.