FEDERAL EMPLOYEE RETIREMENT

WORKSHOP TRAINING AGENDA:

GENERAL RETIREMENT PLANNING

Tips for being better prepared for a smooth transition into retirement
Understanding what you have and what you need to know about decisions to make at retirement

RETIREMENT SYSTEMS (CSRS & FERS)

Eligibility requirements and how to choose an appropriate retirement date
Deposits, Redeposits & Military Deposits
Special Considerations for Law Enforcement Officers, Air Traffic Controllers, and Firefighters
Calculating the CSRS & FERS annuity
Cost of Living Adjustments in retirement

SURVIVOR BENEFIT PLAN

Coverage, cost and who can benefit from SBP
Considerations for electing SBP at retirement
Important connection with FEHB

FERS SPECIAL RETIREMENT SUPPLEMENT

Eligibility requirements and calculation of the benefit
What happens if you work after retiring

SOCIAL SECURITY

Strategies for Social Security Benefits

FEDERAL EMPLOYEES GROUP LIFE INSURANCE

Coverage and costs while employed

FEDERAL EMPLOYEES HEALTH BENEFITS

Tax advantage of FEHB while working
Eligibility requirements to keep FEHB in retirement
Coordination between FEHB and Medicare Part B

FEDERAL LONG TERM CARE INSURANCE

What services Long Term Care insurance covers
Coverage and costs for services
Eligibility requirements to obtain coverage
Options available through FLTCI

THRIFT SAVINGS PLAN

Fund choices, tax advantages and options within the TSP while working
How to maximize government contributions
Options available at retirement

OVERVIEW

Tips to be proactive and understand the financial impact of the decisions to be made at retirement

For The Next ProFeds Federal Retirement Impact Workshop!

Federal Retirement Impact Workshop

The Federal Retirement Impact Workshop is a very unique CSRS and FERS benefits class focused on helping employees apply what they are learning in the classroom to their own situation. Instead of teaching at a very technical level regarding the benefit rules, we aim to educate employees to know the financial impact of retirement and benefit decisions, and to make those decisions carefully based on sound information.

While federal retirement benefits are often confusing and difficult to interpret, ProFeds is able to break down complex concepts into easy-to-understand language to show federal employees how proactive benefit decisions can positively affect their overall financial situation.

Ideal candidates

The employees who typically benefit most from this workshop are within 5-10 years of retirement. Those closer to retirement often have specific questions and concerns regarding retirement decisions to be made—and that makes this workshop particularly relevant to their situation.

Tailoring the workshop to meet the needs of employees

With the wide array of federal employees we train, we know the importance of tailoring the workshop material to suit their specific needs. The most common accommodations we make are for audiences of Law Enforcement Officers, Air Traffic Controllers and Firefighters.

Following the workshop

The financial professional who hosts the workshop offers each employee an opportunity to meet to review their specific situation and develop a personalized Federal Benefits Analysis together. This analysis helps to demonstrate the value of their benefits and identify key decisions to be made as they move closer to retirement. This benefits review is offered at no cost to the agency or employee.

ProFeds’ relationship with financial professionals

ProFeds is a nationwide support structure for financial professionals serving federal employees. The ProFeds team provides tailored training to financial professionals on the unique complexities of federal benefits to help them provide credible, top-notch financial planning services to their federal clients.

Investment Advisory Services offered through Retirement Wealth Advisors, LLC (RWA) an SEC Registered Investment Advisor. Compass Financial Group and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.

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