Federal Employees Retirement & Benefits Podcast by CD Financial

Charles Dzama
  • 4.8 (10)
  • Investing
  • Updated Weekly

The objective of this podcast is to educate and enlighten you about your federal benefits and to guide you in creating a well-formed retirement income plan. Schedule your complimentary 15-minute phone call today! https://calendly.com/charlesdzama/dzamatalk-complimentary-15-min-phone-call

  1. 3d ago

    Cheap Advice, Expensive Federal Retirement Mistakes

    A low fee on your TSP is real — but it only pays for the investment account. It doesn't coordinate your FERS pension, Social Security timing, the FEHB/Medicare Part B decision, your survivor benefit election, or your taxes. Charles and Marcus walk through what a cheap plan quietly costs federal employees, why retirement flips the job from accumulation to distribution, and what to ask before hiring or switching advisors.  Chapters:  0:00 Cheap Fees vs. the Whole Picture  0:30 Welcome + This Week's Question  1:51 Why Federal Employees Are Right to Care About Fees  2:52 Accumulation vs. Distribution: Why Retirement Changes Everything  6:06 The Trade-Offs That Don't Show Up on a Fee Schedule  8:51 Why Federal Retirement Isn't Just a 401(k)  11:11 Part B, Survivor Benefits & the Choices Nobody Assigns You  12:54 The Scissors and the All-Clad: What Quality Actually Buys  17:04 What to Ask Before You Hire (or Switch) an Advisor  19:34 When Is Cheap Actually Enough?  22:19 Watch Next  CTA: Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/  Disclaimer: Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. Educational only; not financial, legal, tax, or investment advice. Figures discussed are illustrative — verify with the IRS, SSA, and OPM.  Support the show

    Cheap Advice, Expensive Federal Retirement Mistakes

  2. 5d ago

    Is Your TSP Ready for Retirement? The Income Conversion Test

    Your TSP monthly income balance may look substantial—but how much monthly retirement income can it actually provide? In this video, Charles explains how federal employees can turn a TSP balance into a practical monthly paycheck. You’ll learn how to calculate the gap between your retirement income and real expenses, establish TSP installment payments, and account for taxes, inflation, and market risk before making withdrawals. ━━━━━━━━━━━━━━━ IN THIS VIDEO YOU CAN LEARN ━━━━━━━━━━━━━━━ - Why your TSP balance alone doesn’t tell you whether you’re retirement-ready - How to calculate the gap between your income and monthly expenses - Why some retirees spend more—not less—after leaving work - How TSP installment payments can create a monthly income stream - How inflation, taxes, and investment choices can affect your income - Why a bad market year early in retirement can create lasting problems What monthly income do you expect your TSP to provide in retirement? Share your target below. ━━━━━━━━━━━━━━━ START HERE ━━━━━━━━━━━━━━━ Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/ Get the Digital Federal Retirement Guidebook: https://cdfinancial.org/being-a-federal-employee-book/ Subscribe for Weekly Federal Retirement Planning Content: https://cdfinancial.com/newsletter ━━━━━━━━━━━━━━━ TIMESTAMPS ━━━━━━━━━━━━━━━ 0:00 Turning Your TSP Into a Monthly Paycheck 0:35 It’s Not About Your Balance—It’s About the Gap 1:01 What Your Real Monthly Expenses Look Like 1:47 The Free Monthly Expenses Worksheet 2:35 Why Retirees Often Spend More, Not Less 3:17 How to Set Up TSP Monthly Payments 4:04 The Blind Spots: Inflation, Taxes, and the G Fund 4:52 One Bad Market Year Early in Retirement 5:11 Watch Next: Should You Still Own Stocks After Retirement? ━━━━━━━━━━━━━━━ WHO WE ARE ━━━━━━━━━━━━━━━ CD Financial helps federal employees and retirees make smarter decisions around FERS, TSP, FEHB, taxes, and retirement income planning—where health meets wealth. ━━━━━━━━━━━━━━━ IMPORTANT DISCLAIMER ━━━━━━━━━━━━━━━ Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. This content is educational only and is not financial, legal, tax, or investment advice. TSP withdrawal options, tax consequences, investment risks, and retirement-income needs depend on your individual situation and may change. Verify current TSP rules at TSP.gov and consult qualified financial and tax professionals before acting. CD Financial is not affiliated with or endorsed by the Thrift Savings Plan or any federal agency. #TSP #FederalRetirement #RetirementIncome #FERS #ThriftSavingsPlan #CDFinancial Support the show

  3. Aug 27

    Your FERS Retirement, Explained: Pension, TSP, Taxes & the Decisions You Can't Undo

    FERS retirement in one place: your pension, TSP, and Social Security — and the decisions that become permanent the moment you make them. Charles and Marcus explain how the three legs of federal retirement connect, what a $3,000 pension actually nets after taxes, FEHB, and the survivor benefit, and the choices you truly can't undo. Chapters: 0:00 The Three Legs of FERS Retirement 0:24 Welcome to the Podcast 0:57 Leg 1: Your FERS Pension 1:56 Leg 2: Social Security Timing 2:36 Leg 3: TSP — How It All Connects 3:34 What You Actually Get: Pension Deductions Walkthrough 6:14 TSP: How to Withdraw Without Mistakes 9:36 IRMAA: The Two-Year Lookback Trap 11:14 The Decisions You Can't Undo 12:00 Survivor Benefit: The 60–90 Day Window 12:52 FEGLI: Keep Basic, Do the 75% Reduction 15:34 FEHB: Suspend, Never Cancel 16:30 Taxes: Why You Can't Do This Alone 17:48 Watch Next: FERS Annuitant vs. Annuity CTA: Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/ Disclaimer: Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. Educational only; not financial, legal, tax, or investment advice. Figures discussed are illustrative — verify with OPM. Support the show

    Your FERS Retirement, Explained: Pension, TSP, Taxes & the Decisions You Can't Undo

  4. Aug 25

    Why Your Low-Fee TSP Isn't a Retirement Plan

    Your TSP has some of the lowest fees in the country — but a low-fee investment account is not the same thing as a written retirement income plan. In this short video, Charles explains what a real federal retirement plan actually coordinates, and what it costs you every year you wait. ━━━━━━━━━━━━━━━ IN THIS VIDEO YOU CAN LEARN ━━━━━━━━━━━━━━━ - Why low TSP fees don't add up to a retirement plan - What a real plan coordinates: FEHB, Medicare Part B, survivor benefits, and Social Security timing - How tax-deferred savings turn into RMDs — and who picks the number if you don't - The Medicare Part B cycle that quietly raises your costs as your income rises - The two things every written retirement income plan should start with What worries you more — paying higher fees, or not having a plan at all? Drop it below 👇 ━━━━━━━━━━━━━━━ START HERE ━━━━━━━━━━━━━━━ Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/ Get the Digital Federal Retirement Guidebook: https://cdfinancial.org/being-a-federal-employee-book/ Subscribe for Weekly Federal Retirement Planning Content: https://cdfinancial.com/newsletter Want to see whether your benefits and your income plan actually fit together? Guidebook link above. ━━━━━━━━━━━━━━━ TIMESTAMPS ━━━━━━━━━━━━━━━ 0:00 TSP Is Cheap — But Cheap Isn't a Plan 0:25 Who This Is For 1:03 What a Real Plan Coordinates: FEHB, Part B, Survivor, Social Security 1:39 When Cheap Becomes Expensive 2:18 It's Not What You Make, It's What You Keep 3:03 The Medicare Part B Vicious Cycle 3:43 Why We Hate Unnecessary Taxes 4:29 What a Proper Plan Actually Includes 5:48 Apply: Your No-Cost 15-Minute Call ━━━━━━━━━━━━━━━ WHO WE ARE ━━━━━━━━━━━━━━━ CD Financial helps federal employees and retirees make smarter retirement decisions around FERS, TSP, FEHB, and retirement income planning — where health meets wealth. ━━━━━━━━━━━━━━━ IMPORTANT DISCLAIMER ━━━━━━━━━━━━━━━ Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. Educational only; not financial, legal, tax, or investment advice. Tax rules, RMD ages, IRMAA thresholds, and Medicare premiums depend on your situation and change — verify with the IRS, SSA, OPM, and a qualified tax professional before acting. #TSP #FederalRetirement #FERS #RetirementPlanning #Medicare #CDFinancial Support the show

  5. Aug 21

    $3,000 FERS Pension, $1,259 Received: Here's Where The Rest Goes

    Your FERS pension estimate says one number — but what actually lands in your bank account is a different one. Charles and Marcus walk a real $3,000 FERS pension through the survivor benefit election, FEHB premiums, and taxes to show exactly where the money goes before you ever see it, landing on a real net number of $1,259. Chapters: 0:00 The $3,000 Pension Gap 0:28 Welcome to the Podcast 1:19 Why Your Pension Estimate Is Misleading 1:47 The $3,000 Example Begins 3:19 Deduction 1: Survivor Benefit (–10%) 4:58 Deduction 2: FEHB Premiums 8:03 Deduction 3: Federal & State Taxes 10:00 The Single-Filer Version 10:42 What We Left Out: FEGLI + Dental 11:07 Health Tip: Protect Your Teeth 12:53 The Real Net Number: $1,259 13:30 Recap: Build Your Real Numbers 14:12 Watch Next: Your FERS Retirement Explained CTA: Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/ Disclaimer: Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. Educational only; not financial, legal, tax, or investment advice. Figures discussed are illustrative — verify with OPM. Support the show

    $3,000 FERS Pension, $1,259 Received: Here's Where The Rest Goes

  6. Aug 18

    4 TSP Withdrawal Mistakes to Avoid - Spending With No Regrets

    Your TSP withdrawals can trigger consequences you never see coming — and sometimes "doing nothing" is the biggest mistake of all. In this short video, Charles walks through the TSP withdrawal traps that quietly cost federal retirees: lump sums that bump your tax bracket, Medicare premium spikes (IRMAA), a hidden jump in how much of your Social Security gets taxed, and RMDs that take the wheel if you don't plan. ━━━━━━━━━━━━━━━ IN THIS VIDEO YOU CAN LEARN ━━━━━━━━━━━━━━━ - How a big lump-sum withdrawal can push you into a higher tax bracket - How TSP withdrawals can spike your Medicare Part B premium (IRMAA) - How you can accidentally make more of your Social Security taxable - Why doing nothing lets RMDs — and the IRS — take control in your 70s - Why "purposeful and intentional" withdrawals need a written plan Are you planning your TSP withdrawals — or leaving it alone and hoping it works out? Drop a Y or N 👇 ━━━━━━━━━━━━━━━ START HERE ━━━━━━━━━━━━━━━ Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/ Get the Digital Federal Retirement Guidebook: https://cdfinancial.org/being-a-federal-employee-book/ Subscribe for Weekly Federal Retirement Planning Content: https://cdfinancial.com/newsletter Want to see which of these is coming for you? Guidebook link above. ━━━━━━━━━━━━━━━ TIMESTAMPS ━━━━━━━━━━━━━━━ 0:00 The TSP Withdrawal Mistakes to Avoid 0:33 #1 Lump Sums & Your Tax Bracket 1:51 #2 Medicare Part B & IRMAA 3:18 #3 Making More of Your Social Security Taxable 4:19 #4 RMDs: Doing Nothing Hands Over Control 5:25 Watch Next: Why Lower Fees Might Be Cheap for a Reason ━━━━━━━━━━━━━━━ WHO WE ARE ━━━━━━━━━━━━━━━ CD Financial helps federal employees and retirees make smarter retirement decisions around FERS, TSP, taxes, Medicare, and retirement income planning — where health meets wealth. ━━━━━━━━━━━━━━━ IMPORTANT DISCLAIMER ━━━━━━━━━━━━━━━ Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. Educational only; not financial, legal, tax, or investment advice. Tax brackets, IRMAA thresholds, Social Security taxation, and RMD rules depend on your situation and change yearly — verify with the IRS, SSA, and a qualified tax professional before acting. #TSP #TSPWithdrawals #FederalRetirement #RMD #IRMAA #CDFinancial Support the show

  7. Aug 13

    Age 60, $850K in TSP, a FERS Pension: Retire Now or Wait

    Can a federal employee retire at 60 with $850,000 in TSP and a FERS pension? In this episode, Charles and Marcus walk through a real federal retirement case study — the FERS pension formula, Social Security timing, and a safe TSP withdrawal rate — to answer the question everyone in this position is asking: retire now, or wait? ━━━━━━━━━━━━━━━ IN THIS VIDEO YOU CAN LEARN ━━━━━━━━━━━━━━━ - The FERS pension formula — and the 10% bonus you get by waiting to age 62 with 20+ years of service - Why Social Security timing can grow your check by 8% a year after age 67 - The 4% TSP withdrawal rule — and why it's a fuel gauge, not a hard limit - How to build a 3-pillar income floor: FERS pension + Social Security + TSP Are you within a few years of retiring at 60? Drop your target retirement age below, and I'll tell you the first thing I'd check for your situation. 👇 ━━━━━━━━━━━━━━━ START HERE ━━━━━━━━━━━━━━━ Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/ Get the Digital Federal Retirement Guidebook: https://cdfinancial.org/being-a-federal-employee-book/ Subscribe for Weekly Federal Retirement Planning Content: https://cdfinancial.com/newsletter Want your own version of this math, in writing? Guidebook link above. ━━━━━━━━━━━━━━━ TIMESTAMPS ━━━━━━━━━━━━━━━ 0:00 The $850K Retirement Question 0:28 Welcome to the Podcast 1:40 Setting the Scenario: Age 60, $850K TSP, FERS Pension 3:01 Pillar 1: Your FERS Pension 5:00 Pillar 2: Social Security Timing & Taxes 7:30 Pillar 3: TSP & the 4% Withdrawal Rule 11:08 The Verdict: Retire Now or Wait? 13:22 Recap: The 3-Pillar Checklist 14:12 Subscribe to Watch Next: Your FERS Pension Isn't What You Think ━━━━━━━━━━━━━━━ WHO WE ARE ━━━━━━━━━━━━━━━ CD Financial helps federal employees and retirees make smarter retirement decisions around FERS, TSP, FEHB, and retirement income planning — where health meets wealth. ━━━━━━━━━━━━━━━ IMPORTANT DISCLAIMER ━━━━━━━━━━━━━━━ Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. Educational only; not financial, legal, tax, or investment advice. The $850,000 TSP balance and all figures in this episode are illustrative — your FERS pension, Social Security timing, and safe withdrawal rate depend on your situation. Verify with OPM and SSA. #FERS #FederalRetirement #TSP #SocialSecurity #RetirementPlanning #CDFinancial Support the show

    Age 60, $850K in TSP, a FERS Pension: Retire Now or Wait

  8. Aug 11

    4 federal retirement mistakes you can't undo

    Four federal retirement mistakes to avoid. These decisions have a short window to get right — survivor benefit, FEHB, FEGLI, and TSP withdrawals — and for most of them, there's no fixing it later. In this video, Charles walks through exactly what to do with each one, and why the "obvious" move (cancel, take the lump sum) is usually the expensive one. ━━━━━━━━━━━━━━━ IN THIS VIDEO YOU CAN LEARN ━━━━━━━━━━━━━━━ - Survivor benefit: the short window to change it — and why you can't count on a fix later - FEHB: why you should SUSPEND, never cancel, your federal health insurance - FEGLI: how a 75% reduction on Basic can cost $0 at 65 — don't just cancel it - TSP withdrawals: why pulling a large lump sum is a one-way door Which of the 4 scares you most? Drop a number below 👇 ━━━━━━━━━━━━━━━ START HERE ━━━━━━━━━━━━━━━ Apply for a Retirement Consultation: https://apply.cdfinancial.org/6a694299bad1c9a176cdc79f/ Get the Digital Federal Retirement Guidebook: https://cdfinancial.org/being-a-federal-employee-book/ Subscribe for Weekly Federal Retirement Planning Content: https://cdfinancial.com/newsletter Want a plan so these are decided on purpose, not by accident? Guidebook link above. ━━━━━━━━━━━━━━━ TIMESTAMPS ━━━━━━━━━━━━━━━ 0:00 FERS Decisions With No Do-Overs 0:42 #1 Survivor Benefit (the 30-Day Window) 1:55 #2 FEHB: Suspend, Never Cancel 3:09 #3 FEGLI: Do the 75% Reduction, Don't Cancel 4:17 #4 TSP Withdrawals: A One-Way Door 5:22 Watch Next: TSP Withdrawals With No Regrets ━━━━━━━━━━━━━━━ WHO WE ARE ━━━━━━━━━━━━━━━ CD Financial helps federal employees and retirees make smarter retirement decisions around FERS, TSP, FEHB, FEGLI, and survivor benefits — where health meets wealth. ━━━━━━━━━━━━━━━ IMPORTANT DISCLAIMER ━━━━━━━━━━━━━━━ Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company. Educational only; not financial, legal, tax, or investment advice. Election windows, FEHB/FEGLI rules, and TSP options depend on your situation and current OPM rules — verify with OPM before making elections. #FERS #FederalRetirement #FEHB #FEGLI #SurvivorBenefit #CDFinancial Support the show

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4.8
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About

The objective of this podcast is to educate and enlighten you about your federal benefits and to guide you in creating a well-formed retirement income plan. Schedule your complimentary 15-minute phone call today! https://calendly.com/charlesdzama/dzamatalk-complimentary-15-min-phone-call

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