The Fed15 Podcast: What to Do If You’re Facing Termination & Understanding Social Security

In this episode, Dan and Katelyn discuss important career and financial topics for federal employees—including an overview of due process rights in the event of potential termination and a review of current considerations around Social Security and federal retirement benefits. 

Articles & Resources Covered

·         What Happens If Federal Employees Are Fired Without Cause? Legal Protections Explained.

·         Digging Beneath the Headlines: The Truth About Social Security and Federal Pensions.

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In this episode, Dan breaks down what happens when federal employees are fired without cause. He explains due process rights for both probationary and career employees, outlining the key protections each group has. Dan also covers how to navigate the Merit Systems Protection Board (MSPB) if you're facing termination or have received a notice, and shares tips on how to prepare for the unexpected through strategic financial planning.

Katelyn follows with a deep dive into the reality of Social Security and federal pensions. She shares updates on the current state of Social Security, the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), and what to know about Social Security overpayment recovery. Katelyn also discusses the importance of reviewing your federal pension, TSP contributions, Roth IRAs, and managing expenses and debt. She wraps up by stressing the value of being proactive rather than reactive when it comes to retirement planning.

***DISCLAIMER – THIS IS NOT FINANCIAL ADVICE***
 The Fed15 podcast is presented by Serving Those Who Serve, a financial planning practice serving federal government employees and retirees all over the country.
 
This podcast is presented for information and entertainment only and is not intended to be taken as financial advice. All listeners should consult their personal advisors before taking any action. The opinions expressed therein are not the opinions of Raymond James or Serving Those Who Serve.

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