December 16, 2013 — This week on “For Your Benefit” , federal benefits specialist Bob Braunstein, joins our host Bob Leins to discuss some planning tips for you for 2013, 2014, and beyond.
2013 Year-End Retirement & Benefit Planning – What to do between now and the end of December:
To maximize benefits
To maximize Thrift Savings Plan Contributions
2014 Planning – What you need to consider for next year:
Verify your federal employment history
If you’re retiring in 2014, things you may consider doing:
Front-load your TSP contributions if you’re retiring before December 31st to maximize your contributions.
If you are a FERS Employee, there are some important points to consider for maintaining your agency contribution match.
If you are a CSRS Employee, what are the options you have to fund your Voluntary Contributions account?
Mid-career & new employees
Retiring after 2014, things to consider:
Value of Roth IRA and Roth TSP
Become more financially literate
Where does your money go?
If you are considering retirement at the end of 2013, or at any point in 2014, this show will help you with some important decisions. If you plan to retire after 2014, this show will help with financial and benefits goals and decisions making tips for your career.
If you have questions, please email them before the show to