Straightforward answers to the FERS, TSP, and FEGLI questions that keep federal and postal employees up at night. No jargon. No sales pitch. Just three numbers and a next step.
FERS, TSP, and FEGLI drive most of your retirement income — and most of the expensive mistakes. Here's what the review actually looks at.
Your FERS pension is a formula — High-3, years of service, and a multiplier. Miss a piece and you'll misjudge your retirement income by thousands a year.
"I retired the month before my next step increase. Nobody told me to wait 30 days."
The TSP is one of the best retirement accounts in America — and one of the most poorly used. Most federal employees either over-play the G Fund or blindly accept their L Fund default.
"I'm five years from retirement, so I moved everything to the G Fund to be safe." — Actually costs most people 15+ years of growth.
FEGLI premiums step up every five years after age 55 — and the jumps get steep fast. Most federal employees never see the schedule until it's too late to replace the coverage cheaply.
"I kept Option B at 5× salary into my 70s." — A premium schedule that often tops $2,000/month, for coverage you could've locked in for a fraction.
Your FERS pension, your TSP income at 62, and your Social Security at FRA — on paper, with the common mistakes that quietly shrink each one. 60 minutes, live Q&A included.
The five funds, the L-Fund default, and the one rebalancing habit worth keeping.
When it's worth it, when it isn't, and the three forms people miss.
When to enroll, what to drop, and why Part B timing is the whole game.