What’s on your mind?

February 24, 2014 — This week on For Your Benefit, hosts Bob Leins and Tammy Flanagan examine the topics that are most talked about by federal workers.

What’s trending in federal retirement benefits?

  • How long does it take to process my retirement?
  • When is phased retirement going to be available?
  • How many TSP millionaires are there (and why aren’t I one of them)?
  • Why do I need to take Medicare Part B when I turn age 65?
  • What should I think about if I am thinking about resigning from federal service?

What’s trending in income tax planning?

  • When and why are distributions from the TSP and or traditional IRA’s required to be taken? Is there a way to prevent this?
  • What is a “myRA” and how does the traditional TSP as well as Roth TSP impact “myRA”?
  • What is my tax bracket? Should my tax bracket influence my spending, planning and investing?
  • Why is some of the information necessary to complete a tax return so late in coming this year?