FERS and CSRS Retirement Benefits KNOWLEDGE IS SOMETHING

Chartered Federal Employee SM Benefit Consultant Human Resources Counseling Trained © 2015 NEB &

Warning! § Get the Correct INFO & ADVICE for you! § Make sure you work with someone that has the Ch. FEBCsm designation § Not all Ch. FEBCsm licensed to talk about investments. § Official Logo

LEGAL DISCLAIMER This educational presentation contains the opinions and ideas of the presenter and is designed to provide useful information in regard to its subject matter. The presenter specifically disclaim any resposibility for liability, loss or risk, personal or otherwise, that is incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this presentation. No specific company or product will be discussed. Promoting specific products, or applying any sales recommendation during this presentation is prohibited. If legal advice or other expert assistance is required, the services of a competent person should be sought. © 2015 NEB & RPF

Seminar Topics § CSRS / FERS Retirement Eligibility and Annuity Calculations § Survivor Annuity options and alternatives § Thrift Savings Plan: Pre retirement / Post retirement § § BREAK Social Security Benefits Federal Employees Group Life Insurance Federal Employees Health Insurance & Medicare Long Term Care © 2015 NEB & RPF

Retirement Questions Which need to be Answered! 1. Will my FERS or CSRS annuity be large enough to cover my expenses in retirement? 2. If there is a “GAP” how will I cover it? FERS supplement, TSP, IRA, ? ? 3. How much FERS or CSRS Survivor Annuity should I choose? 4. Do I need additional Life Insurance? 5. How should I use my TSP in retirement? 6. Should I consider using an IRA? 7. When should I take my SS benefit? 62, 65 -67, or 70? 8. Should I get Medicare Part A and Part B? 9. How do I pay for Long Term Care? © 2015 NEB & RPF