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#112 Crafting Your 10-Year Tax Plan: How to Reduce Liabilities in Your FERS Retirement

Plan Your Federal Retirement Podcast

Release Date: 10/07/2024

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Plan Your Federal Retirement Podcast

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#115 Essential Steps to Secure Your Federal Retirement: What You Need to Know show art #115 Essential Steps to Secure Your Federal Retirement: What You Need to Know

Plan Your Federal Retirement Podcast

Ready to build a comprehensive federal retirement plan? In this podcast episode, Micah and Christian discuss essential retirement planning strategies. Learn how to manage cash flow, adjust for inflation, and explore the best ways to navigate tax planning and Roth conversions. Understand the impact of TSP withdrawals and how to optimize your retirement spending with the bucket strategy. Whether you're nearing retirement or just beginning to plan, this episode offers the insights you need to ensure your retirement plan aligns with your goals and prepares you for a stable financial future....

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Plan Your Federal Retirement Podcast

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Plan Your Federal Retirement Podcast

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Plan Your Federal Retirement Podcast

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#114 Boost Your Retirement Savings: Understanding FERS Contribution Rates show art #114 Boost Your Retirement Savings: Understanding FERS Contribution Rates

Plan Your Federal Retirement Podcast

Navigating federal retirement benefits can feel overwhelming, but understanding key elements can empower you to make informed decisions. Knowing how to determine your FERS eligibility, the impact of your high-3 average salary, and the nuances of retirement dates are crucial for planning your financial future. Join Micah and Tammy as they break down essential federal retirement topics. They discuss the importance of verifying your service history, how to calculate your pension and the advantages of understanding survivor benefits. Additionally, they cover health insurance options available...

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When do Your Years Stop Counting Towards Your FERS Retirement show art When do Your Years Stop Counting Towards Your FERS Retirement

Plan Your Federal Retirement Podcast

"Yes, my name is Marty. I like to know about FERS, if there is a maximum amount of years that I can work and then it is no longer counted towards my retirement calculation. For instance, if I was on the Csrs, I believe the cut off is like 42 years. Is it the same for first? Thank you." - Martha

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Plan Your Federal Retirement Podcast

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Plan Your Federal Retirement Podcast

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#113 Retirement Tax Traps: How to Avoid Surprises in Your Federal Retirement Planning show art #113 Retirement Tax Traps: How to Avoid Surprises in Your Federal Retirement Planning

Plan Your Federal Retirement Podcast

Understanding how to navigate taxes in retirement is crucial for preserving your hard-earned income. From Roth conversions to Qualified Charitable Distributions (QCDs), implementing effective tax strategies can significantly impact your financial future. Recognizing the importance of Required Minimum Distributions (RMDs) and the Income-Related Monthly Adjustment Amount (IRMAA) will empower you to make informed decisions about your retirement income. Join Micah and Christian as they explore vital tax planning strategies that can help you manage your retirement finances effectively. They cover...

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More Episodes

Planning for your retirement requires a solid understanding of your options. Discover the best strategies for managing your Thrift Savings Plan (TSP) and learn how to access your funds without facing penalties.

In this episode, Micah and Christian discuss vital topics, including various withdrawal options, the significance of your FERS benefits, and techniques for reducing tax implications. Understand the rules around TSP distributions and how to make informed decisions about your retirement savings.

Find out what to prioritize in your retirement planning to ensure a smooth transition into this new phase of life. Tune in for valuable insights and take control of your retirement strategy today.

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