Category: Q&A

What's better: FEHB or Medicare?

What’s better: FEHB or Medicare?

What’s better: FEHB or Medicare? Important note:  In this article I am only referring to Medicare A, B and D; I’m not getting into the various Medicare Part C plans (known as Medicare Advantage plans. So, which is better – Medicare or FEHB? While it’s not a fair question because there are dozens of FEHB plans

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TSP questions with Stephen Zelcer

Will I need a double RMD in 2021?

Q&A: Will I need a double RMD in 2021?  Question Due to the waiving of RMDs in 2020, If I am 71 now and retire in November 2020 when must I take the first RMD from the Thrift Savings Plan? Another way to ask the question is the following: For a person who is 71

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Should I take my divorced spousal Social Security benefit? – Q&A

Q&A: Should I take my divorced spousal Social Security benefit? Question Hello Mr. Zelcer: I just turned 66 in March and is planning to retire from Federal Service the end of January 2021.  I am eligible to receive my divorced spouse benefit under Social Security.  My question is it worth it to take my ex-spouse

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Should I retire early form federal service?

Q&A: Should I retire early via VERA from federal service?

Q&A: Should I retire early via VERA from Federal Service? Question I may have the opportunity to retire early via VERA from federal service and am wondering if it would be a smart move financially?   I’m 50 now and my MRA is 56yrs/8mos, therefore I would essentially be retiring 6 years early, thus losing 6%

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is the fsa better than the hsa?

Q&A: Is the FSA better than the HSA?

Q&A: Is the FSA better than the HSA? Question My wife and I are expecting a baby in June.  You made clear that an FSA is the better choice for someone who is anticipating a year filled with high medical expenses… but I didn’t understand exactly why.  Would you mind elaborating very briefly why the

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Is the 3-legged stool (FERS + SS + TSP) enough?

Q&A: Is the 3-legged stool (FERS + SS + TSP) enough?

Is the 3-legged stool enough? Question: I am contributing 5% to my TSP, getting the maximum agency match, and I’m also paying into Social Security and the Federal Employee Retirement System (FERS).  Is that going to be enough to retire on? Answer: I want to answer this question on two levels.  The first level will

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