Financial Planning
Course DescriptionFinancial Planning is a daunting task for most people. For Federal employees, financial planning is made more challenging by the complexity of their employee benefits. The Financial Planning for Federal Employees (or Federal Financial Literacy) seminar provides employees with a basic understanding of the principles of financial and retirement planning within the context of the OPM-led Federal Financial Literacy Initiative. Course ObjectivesAfter attending this seminar, attendees will understand the need for financial planning and how to create a financial plan. They will learn financial principles such as budgeting, saving and investing, credit and debt management, and estate and tax planning. They will understand the importance of the TSP toward their retirement and be equipped with sound investment strategies for best leveraging what TSP has to offer. Finally, they will understand how their Federal employee benefits fit within the overall construct of a financial plan. Questions? Contact our training coordinator via email or phone at (202) 843.5447.
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Early-Career Retirement Planning (0-5 years of Government service)
Course Description Federal benefits are complicated. This Early-Career Seminar for New Employees informs attendees about the complex array of benefits available to them as Federal employees and the choices they need to make to best leverage them within the context of their overall financial and retirement plan. Course ObjectivesAfter attending this seminar, attendees will understand when they eligible to retire, what their retirement benefits are likely to be (FERS, Social Security, and TSP), the importance of the TSP toward their retirement and be equipped with sound investment strategies for best leveraging what TSP has to offer. They will understand the choices they will need to make regarding survivor benefits, their health (FEHB) and life insurance (FEGLI) coverages, and their TSP funds, and how their Federal employee benefits fit within the overall construct of a financial plan. Course OverviewThis seminar for new and returning employees includes lessons addressing the Federal retirement and benefits programs and how these benefits fit within the overall frame work of a personal financial plan. The seminar will specifically focus on Federal retirement benefits and how they can be affected by the financial decisions attendees are making now and in the future. Questions? Contact our training coordinator via email or phone at (202) 843.5447.
Mid-Career Retirement Planning (5-20 years of Government service)
Course Description The Mid-Career Retirement Planning Seminar (for Federal employees with 10-15 years of service) takes a decidedly financial planning approach to inform attendees about the complex array of benefits available to them as Federal employees and the choices they need to make to best leverage them within the context of their overall financial and retirement plan. Special attention is paid to developing good financial and retirement goals and using sound investment strategies for best leverage their TSP. Course ObjectivesAfter attending this seminar, attendees will know how set retirement savings goals, when they are eligible to retire, which provisions of retirement law affect the computation of their retirement benefits, and how much those benefits are likely to be (FERS, Social Security, and TSP). They will have a sense of the choices they will need to make regarding survivor benefits, their health (FEHB) and life insurance (FEGLI) coverages, and their TSP funds. Finally, they will understand how their Federal employee benefits fit within the overall construct of a financial plan. Course OverviewThe mid-career seminar for FERS employees is a fast-moving information loaded session that opens with lessons on investment and retirement planning, and the TSP. It moves from there to the history of the Federal retirement programs, what constitutes credible service for retirement purposes, eligibility for retirement, and the computation of FERS annuities and survivor benefits. It thoroughly covers Social Security, Estate Planning and concludes with an important lesson on how the best leverage Federal benefits going forward. The seminar will focus on Federal retirement benefits and how they can be affected by the financial decisions attendees are making now and in the future. Questions? Contact our training coordinator via email or phone at (202) 843.5447.
Retirement Planning for CSRS or FERS or CSRS/FERS Combined
Course Description Retiring from a Federal career is a confusing time and can be a daunting task. Retirement in general is a significant transition for anyone. The Retirement Planning Seminar for CSRS, FERS or combined, is designed for employees nearing retirement (within 5 years) and informs attendees about the complex array of benefits they have earned, the choices they need to make as they retire, and how to best leverage them within the context of their overall financial and retirement plan. Course ObjectivesAfter attending this seminar, attendees will understand the basic financial planning concepts pertinent to retirement as a Federal employee. They will understand the overall Federal retirement process and know when they become eligible to retire, which provisions of retirement law affect the computation of their retirement benefits, how much those benefits are likely to be (CSRS or FERS, Social Security, and TSP), what choices they will need to make regarding survivor benefits, their health (FEHB) and life insurance (FEGLI) coverages, and their TSP funds. Course OverviewThis Retirement seminar, for either CSRS/CSRS Offset or FERS employees, begins by establishing the basic financial planning concepts necessary for a successful retirement, and reinforces these concepts in succeeding lessons on history and financing of the Federal retirement programs, eligibility requirements, and benefit computations. It also thoroughly covers survivor benefits, social security, and the Thrift Savings Plan, and well as all of the Federal employee insurance programs. Woven among and supporting these lessons are applicable modules on financial and retirement planning, investing and related topics. The seminar is also designed to effectively convey key points and answer questions on a wide range of topics that cover basic retirement eligibility and benefits, and touch on the emotional and psychological aspects of retirement. The seminar will focus on Federal retirement benefits and the impact of financial decisions on those benefits after retirement. Questions? Contact our training coordinator via email or phone at (202) 843.5447.