Fed Pilot Podcast
The Fed Pilot Podcast - Making Federal Benefits Understandable for Humans. Answering questions about Federal Retirement Benefits taken from the Fed Pilot workshops. Want us to ask a question for us to answer? https://fedpilot.com. Created by: Kevin Jones of http://FedPilot.com
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- Update frequency
- every 3 days
- Average duration
- 6 minutes
- Episodes
- 289
- Years Active
- 2020 - 2025
These Aren't Your Typical Boring Workshops
The workshop on retirement benefits is far from boring; participants express surprise at the engaging content, with comments like "great presentation" and "I feel like such a newbie." We want to emph…
00:01:15 |
Wed 08 May 2024
My One Non Negotiable Point
In federal workshops, it is crucial that the individual assisting with retirement planning comprehends Federal benefits to avoid costly mistakes common with generalists lacking specific expertise. We…
00:02:01 |
Mon 06 May 2024
Do the RIGHT THINGS in the RIGHT WAY
A valuable lesson for retirement planning we'd like to emphasize is the need to not only learn about benefits but also ensure proper execution to avoid wasted efforts or ineffective strategies. Just …
00:01:46 |
Wed 01 May 2024
Can You Opt In Later? Maybe Not...
n discussions about survivor benefits during a workshop, it was clarified that once retired, individuals cannot easily rejoin the benefits system later. There might be a workaround through marriage. …
00:01:27 |
Sun 28 Apr 2024
Getting All The Benefits You Need
We talked about the importance of considering Medicare Part A and Part B eligibility and penalties when planning for retirement healthcare. We want to emphasize the necessity of making informed decis…
00:01:48 |
Fri 26 Apr 2024
Will your PENSION be ENOUGH?
By understanding what deductions are made from the pension before it reaches their bank account, people realize the need for additional retirement savings. Taking proactive steps to adjust, optimize,…
00:01:09 |
Fri 19 Apr 2024
What You Can and Can't Do
We wanted to discuss the ability to stop paying the monthly premium for Medicare Part B at any time without penalty, highlighting the importance of considering the potential consequences of dropping …
00:01:32 |
Tue 16 Apr 2024
WHEN to get taxed on your TSP?
Something to consider when planning for retirement is how to convert a regular TSP to a Roth TSP to avoid taxes in retirement. However, the TSP does not allow this conversion. Moving the money to an …
00:01:43 |
Sat 13 Apr 2024
The Questions You SHOULD Be Asking
We want to emphasize the importance of asking questions about taxation and retirement planning, highlighting that no question is dumb. By questioning whether pensions get taxed, individuals can uncov…
00:01:13 |
Fri 12 Apr 2024
62 And Under 30 Years
Federal employees can fully retire at 62 with 5 years of service minimum, or at 60 with 20 years of service. For the Furs retirement system, hitting the minimum retirement age and having at least 30 …
00:01:38 |
Fri 22 Mar 2024
Ya, But What Should YOU Do?
We like to emphasize the importance of not solely relying on general rules or emails for retirement decisions, using the example of potential penalties for retiring at 57 with a pension. While there …
00:02:26 |
Wed 20 Mar 2024
Does Social Security Increase? YES and NO...
The decision to take Social Security benefits at age 62 comes with considerations about potential increases in the benefit amount. While taking benefits locks in a certain price, there are still annu…
00:01:39 |
Mon 18 Mar 2024
THIS is the RIGHT retirement mindset
Federal employees often worry about their financial security and healthcare options in retirement. It is crucial to plan ahead and make informed decisions to ensure peace of mind throughout retiremen…
00:02:39 |
Fri 15 Mar 2024
What Is NOT a QLE For FEGLI?
We discussed the necessity of having a Qualifying Life Event (QLE) to make changes to one's insurance policy, specifically focusing on the need for a QLE when increasing the coverage. It emphasizes t…
00:01:15 |
Fri 08 Mar 2024
RMDs from Trad & Roth
RMDs (Required Minimum Distributions) apply to traditional TSP contributions, where the IRS mandates withdrawals based on age to collect taxes. In the past, RMDs were also taken from Roth contributio…
00:01:16 |
Tue 05 Mar 2024
Does Part-Time Count?
Understand the intricacies of how part-time work counts towards eligibility and benefits for federal employees with our video. While part-time work does count towards eligibility, the calculation for…
00:02:05 |
Thu 29 Feb 2024
Open Season In Retirement
The general rule for Federal Benefits (FB) after retirement dictates that if an action can be done as an employee with FB, it can also be done as a retiree. This principle applies to making changes d…
00:01:22 |
Thu 29 Feb 2024
Is My Social Security Statement Correct?
We encourage individuals to regularly check the accuracy of their Social Security statements by logging into their accounts and reviewing each year's earnings closely. By ensuring the numbers align w…
00:01:30 |
Mon 26 Feb 2024
Health Care Peace of Mind
Having both Medicare Part B and FB provides peace of mind by knowing exactly what healthcare expenses will be covered. Paying two premiums may seem redundant, but it ensures budgeting for healthcare …
00:01:58 |
Tue 20 Feb 2024
Why Do They Leave Us In The Dark?
The federal government may not provide extensive information about retirement benefits due to resource limitations and reduced HR teams. Additionally, there may be a convenient but unintentional bene…
00:02:18 |
Wed 14 Feb 2024
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