financial planner Stephen Zelcer

Category: Q&A

Should I take medicare?

Do I need Medicare? – New Webinar

Do I need Medicare? – New Webinar Medicare Part B costs thousands of dollars a year. And they threaten you with penalties if you don’t take it. You already have FEHB. Do you need both? Wednesday October 19th 11am ET In this webinar I explain: The costs of Medicare When you need to worry about

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Ho to opt out of Medicare B, green Q&A image

Q&A: How to opt out of Medicare Part B

Q&A – How to opt-out of Medicare B Question Hey Stephen!   My husband retired and already collecting Social Security,  He is turning 65 this summer.  We understand that since he’s collecting Social Security, he will automatically be enrolled in both Medicare A & B when he turns 65.  We don’t want to take Medicare B,

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Accessing your TSP at age 55

Q&A – Accessing your TSP at age 55

Q&A – Accessing your TSP at age 55 Question Stephen, I was in one of your classes earlier this year and have a question if that is OK. I am retiring the end of December just over MRA at 57. I have 33 years of service. I plan to take the Social Security Supplement. It

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Header image from Should I use my TSP to start a business

Should I use my TSP to start a business?

Q&A – Should I use my TSP to start a business? (This article originally appeared as Ask Bob: Do I Qualify For a TSP Hardship Withdrawal – here) Question My wife and I started a business, but due to COVID, materials, construction prices dramatically increased and permitting delays we have not been able to open

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Picture of a a Q&A for the retirement planning article

Q&A – Funding & Replenishing the 10-year bucket

Q&A – Funding & Replenishing the 10-year bucket Question Hi Stephen, I set up the 10-year conservative bucket, as you instructed.  It represents 10-years of investment income.  I love the idea!  I just had some questions:  When do I draw income from the conservative bucket, and do I need to replenish the conservative bucket as some point?  If yes,

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Which retirement account should I take money from?

Q&A – Which retirement account should I take money from?

Q&A – Which retirement account should I take money from? Question Dear Stephen, We have identified a house which isn’t on the market yet but will be soon.  The asking price will probably be 1.5 million and I want to put $650,000 down on it. My question is where/how do I take my money out

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How will my social security impact my CSRS offset pension?

How will my Social Security impact my CSRS Offset Pension? CSRS-offset has got to be one of the more obscure, challenging areas of federal retirement. CSRS-offset retirees have a retirement benefit which combines CSRS and Social Security. The CSRS portion, however, will be reduced by the amount of Social Security earned while employed in CSRS-offset.The

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Q&A: Tax Withholding on a FERS or CSRS Pension

Q&A: Tax Withholding on a FERS or CSRS Pension

Q&A: Tax Withholding on a FERS or CSRS Pension Question Hi Stephen, I’m filling in my retirement paperwork and have a quick question about tax withholding: Federal withholding W-4P:  Do you suggest I just have usual federal tax withheld under my “single” status? State withholding:  should I elect to NOT have state income tax withheld from

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