Retirement is one of the most important financial milestones you will face in your life. As a federal employee, you access incredible benefits and retirement plans to help you achieve your financial goals. With so many options available, it can be tough to understand which benefits are right for you and how to maximize your retirement savings.
That’s where our certified Federal Retirement Consultants (FRCs) come in. As certified experts in federal benefits and retirement planning, they’ll provide personalized guidance and support to help you make the most of your retirement benefits.
The Federal Employees’ Group Life Insurance (FEGLI) program offers key benefits to federal employees. This program provides life insurance coverage to eligible employees and their beneficiaries, and as an important part of your overall retirement strategy, should be considered when planning. Our FRCs can help you understand your options under the FEGLI program and how to maximize your coverage.
The Federal Employees Retirement System (FERS) Basic Benefit Plan is another important benefit option that provides a basic pension for eligible employees Our FRCs can help you understand how the FERS Basic Benefit Plan works, and how to maximize those benefits to meet your financial goals.
Federal employees can also access the FERS Minimum Retirement Age (MRA) option which allows eligible employees to retire and receive full benefits at a reduced age (subject to certain conditions). Our FRCs can help you understand the FERS MRA option’s requirements and conditions to see if it’s right for you.
Finally, federal employees are eligible for the Thrift Savings Plan (TSP), a retirement savings and investment plan designed to supplement your pension benefits. The TSP is a low-cost, tax-deferred plan that provides a convenient way to save for your future. Understand the TSP and learn more about how to maximize your contributions and investment strategies with our FRCs.
Working with Advanced Capital Management’s team of certified Federal Retirement Consultants (FRCs) can help you get the most out of your retirement benefits. Get personalized guidance and support with key knowledge to make informed decisions about your retirement planning. Reach out to us today and let’s work together to help you achieve your financial goals.