by United Benefits | May 5, 2021 | CSRS, Federal Employee, FERS, Retirement
Monthly Annuities Your pension, also called a monthly annuity, is the fundamental basis for your overall retirement income. Most federal employees fall under either the Federal Employee Retirement System (FERS) or the Civil Service Retirement System (CSRS). The...
by unitedbenefits | Jan 20, 2020 | Federal Employee, Retirement, Thrift Savings Plan
When it comes to saving for retirement as a federal employee, one of the options at your disposal with the widest variety your TSP, or Thrift Savings Plan. WHAT ARE THE FIVE PRIMARY GOALS OF TSP? Income Replacement Protection of Principal Growth Potential...
by unitedbenefits | Nov 20, 2019 | Federal Employee, FEGLI, Life Insurance
The cost of your Federal Employee Group Life Insurance and the amount of coverage you receive from it are difficult to understand unless you know how it’s calculated. Trying to figure out how much coverage you’ll retain after retirement (or reaching age 65,...
by unitedbenefits | Nov 5, 2019 | Federal Employee, Retirement, Voluntary Early Retirement Authority
While not always common, it’s important to understand what might happen if you’re ever going through a RIF: a reduction in force. If you’re a federal employee that’s losing your position, or the position is moving to another area where you cannot relocate, then you...
by unitedbenefits | Aug 20, 2019 | Federal Employee, FERS, Retirement
1. WHAT IS MY FERS ANNUITY? Your FERS Annuity is, in short, the pension you receive from the Federal Employee Retirement System. After you retire, you’ll receive monthly annuity payments from the government for the rest of your life. 2. HOW DO I COMPUTE...
by unitedbenefits | Aug 5, 2019 | Expenses, Federal Employee, FERS, Retirement
As a federal employee, you may be wondering exactly how much money is being deducted per paycheck for your retirement. First, we need to take a look at what items are considered part of your retirement package. Federal Employees make contributions toward (and receive)...
