Federal Retirement Advisors | FedLegacy

FedLegacy
  • 5.0 (2)
  • Business
  • Updated Weekly

Clear, education-first conversations for federal employees who want to understand their benefits, avoid costly assumptions, and make confident retirement decisions using the Financial House framework.

  1. 2d ago

    Fill Out This One Page Before You Retire From Federal Service

    Before you submit your federal retirement paperwork, you can check whether your retirement income will cover your bills using one sheet of paper and five figures from your own statements. FedLegacy founder William Smith walks through the exact one-pager his team fills out with federal employees, using real figures from a client who had $1.27 million in traditional TSP and no plan for the tax bill. The five figures on the worksheet: Your TSP balance and how much is traditional vs. Roth (only shown on page one of your TSP statement)Your FERS pension estimate: high-3 × years of service × 1%, or 1.1% if you retire at 62 or older with 20+ yearsYour Social Security estimate from SSA.govWhat FEGLI will cost you in retirement, and whether to keep itYour monthly expensesAdd your pension and Social Security, set aside about 20% for taxes, and subtract your expenses. The result shows whether you have a surplus or a monthly gap you'll need to cover from your TSP. William also shares how a 70-year-old federal employee with 45 years of service avoided a $410 monthly FEGLI premium by choosing the 75% reduction option, and why how much you pull from your TSP affects your taxes and Medicare premiums. Chapters 00:00 Welcome and Introduction to Retirement Planning02:54 Key Numbers for Retirement Success05:49 Understanding TSP and Pension Calculations09:10 Health Insurance and Fegley Considerations11:52 Income Planning and Budgeting for Retirement14:45 Navigating Retirement Income Strategies18:06 Engagement and Understanding Your Financial Position20:54 Action Steps for Retirement Preparation24:01 Q&A on Retirement Strategies and Roth Conversions26:56 Final Thoughts and Next Steps for Retirement PlanningFedLegacy helps federal employees retire on time and with confidence.

    Fill Out This One Page Before You Retire From Federal Service

  2. Sep 25

    90 Days Before You Retire, Here's What To Do (For Federal Employees)

    If you're retiring from the federal government in the next 90 days, this session is built specifically for you. William Smith walks through the exact three-window countdown he uses with clients: the setup window (90 to 61 days), the sequencing window (60 to 31 days), and the lockdown window (30 to 0 days), and what has to happen in each one so nothing slips through before your last day. Inside this session: Why pulling every document early, your SF-50, FEGLI, TSP, and Social Security statements, gives you enough time to catch mistakes agencies actually make, like a wrong service computation date. The real deadline for submitting your retirement application (and why mid-November beats waiting until December). Whether you have to leave your money in TSP when you retire, and whether it keeps growing once you do. How the survivor benefit decision actually works, and when a life insurance policy makes more sense instead. What happens to your FEGLI coverage the year after you retire, and how the coverage actually drops over time instead of all at once. How a TSP loan gets handled if you retire before paying it off. Why building your emergency fund before your last paycheck matters more than most people realize, since your first full payment can take months. This is a live Q&A session, so most of what's covered comes directly from real questions asked by federal employees who are retiring by the end of this year. Watch every Wednesday through the end of the year as FedLegacy continues this series for federal employees approaching retirement. Educational content only. Not individualized tax, legal, investment, or insurance advice. FedLegacy is not affiliated with, endorsed by, or an agency of the U.S. government, OPM, or any federal employer.

    90 Days Before You Retire, Here's What To Do (For Federal Employees)

  3. Sep 18

    Debt, Cash Flow, and Retirement Timing: What To Clean Up Before You File

    Your federal pension and TSP might look solid on paper, but debt and cash flow can quietly push your retirement date back further than you think. In this session, William Smith walks through a real retirement analyzer case study showing exactly how credit card debt, car notes, and everyday expenses change how long your retirement money actually lasts. You'll see: How debt drag affects your FERS pension, Social Security, and TSP income planWhy the gap between your first estimated retirement check and your full payment mattersHow to build an emergency reserve before you fileWhat paying off a car note or credit card early can add to your retirement timelineWhen to take TSP withdrawals to avoid unnecessary taxes and penaltiesReal Q&A on Social Security timing, Roth conversions, and RMD age rules If you're a federal employee within a few years of retirement, this is the debt and cash-flow cleanup checklist to go through before you submit your paperwork. Want your own numbers run through this same analyzer? Type "PLAN" in the chat during our live sessions, or book a Discovery Call here: https://fedlegacy.zohobookings.com/#/discovery #FederalRetirement #FERS #TSP #FEGLI #RetirementPlanning

    Debt, Cash Flow, and Retirement Timing: What To Clean Up Before You File

  4. Sep 10

    The Retirement Red Zone: Protecting Your TSP in the Last 5 Years

    The market has handed federal employees a decade of easy TSP growth. William Smith explains why that run isn't normal, and what changes in the years right before you retire. This session covers sequence of returns risk using real TSP fund history back to 1988, why a 20% market drop needs more than a 20% gain to recover from, and how the same $500,000 TSP balance can run out in 18 years or grow past $1 million depending only on the ten years you happen to retire into. William also breaks down the Financial House framework (protected foundation, inflation and tax-proofed walls, market-exposed roof), the rule of 100 for deciding how much TSP risk to carry, and the real difference between contributing to Roth TSP and transferring into it. What's covered: Why the last 10 years of TSP returns are not the historical normSequence of returns risk, explained with real C Fund and G Fund data since 1988Why a market drop while you're withdrawing income does more damage than the same drop while you're still workingThe Financial House: protected foundation, inflation and tax walls, market-exposed roofThe rule of 100 for deciding how much TSP risk to keep as a federal employeeRoth TSP contributions vs. Roth TSP transfers, and why the difference matters for your taxesLive Q&A with real federal employee questions on reallocation, retirement timing, and protected income options

  5. Sep 3

    Survivor Benefits, FEGLI, and Legacy: Protecting the People Depending on Your Plan

    Your FEGLI premium goes up every five years after you retire. By age 80, a $500,000 Option B policy can cost over $400 a month, and most federal employees never see that number until it's already hitting their check. In this session, FedLegacy advisor Brandon Tramel walks through the three FEGLI choices federal employees make without realizing it, how to run the free OPM FEGLI calculator to see your own numbers, and the five warning signs that your survivor coverage has a gap in it. What this covers: FEGLI Options A, B, and C explained, including how the cost curve changes after you retireHow to use the OPM FEGLI calculator to project your own premiums into retirementThe difference between SF 2817 (active employees) and SF 2818 (retirees) and which form applies to youThe three FERS survivor annuity election options and what each one costs your monthly pensionWhy your FEGLI beneficiary form, your TSP beneficiary form, and your will need to matchHow FEHB coverage for your spouse is affected by your survivor annuity election If you're a federal employee within a few years of retirement, or you've already retired and haven't looked at these forms since you signed them, this session walks through exactly what to check and why it matters for the people depending on your plan.

    Survivor Benefits, FEGLI, and Legacy: Protecting the People Depending on Your Plan

  6. Aug 27

    Does FEHB Cover Long-Term Care in Retirement? What Federal Employees Need to Know

    Most federal employees assume FEHB and Medicare have long-term care covered. They don't, and finding that out during a health crisis is the worst possible time to learn it. In this episode, William Smith breaks down: Why FEHB does not cover custodial long-term care, the everyday help with bathing, dressing, and eating that most people assume is includedWhat Medicare Part A actually covers, up to 100 days, with a daily cost after day 21 that catches most people off guardWhy federal employees are often in a better position to self-fund long-term care than people relying on a 401k alone, thanks to pension and Social Security incomeA real client example: a retiree with her TSP sitting almost entirely in the G Fund, and what changed once her allocation was rebalanced into growth and protected bucketsWhether FEHB alone is enough or if Medicare Part B is worth adding, and the real tradeoffs behind that decisionHow the IRMAA two-year lookback works, and the life-changing-event form that can lower your premium after retirementLive Q&A covering Medicare enrollment penalties, hybrid long-term care policies, and survivor benefit elections Chapters 00:00 Understanding Long-Term Care in Retirement01:23 Limitations of FEHB and Medicare for Long-Term Care03:44 Challenges with Long-Term Care Policies05:09 Self-Funding Long-Term Care06:36 TSP Investment for Long-Term Care Planning16:31 Healthcare Options for Federal Employees19:28 Medicare Enrollment and Long-Term Care Considerations22:22 Personalized Retirement Planning

  7. Aug 20

    Roth vs Traditional TSP: The Conversion Decision Most Federal Employees Delay

    Most federal employees know Roth and Traditional TSP are different. Far fewer know when converting between them actually helps versus when it just moves the tax bill and adds a new problem. In this episode, William Smith breaks down: The real difference between how Traditional and Roth TSP are taxed, and why most people's TSP balance isn't fully theirsThe TSP Roth conversion window: the years between retirement and your Required Minimum Distribution age (73 or 75, depending on birth year)Why converting while still working can push you into a higher tax bracket than expectedThe separate five-year clocks for TSP Roth and outside Roth IRAs, and why they don't count toward each otherHow IRMAA and Medicare premiums factor into conversion decisions Chapters 00:00 The Importance of Taxes in Retirement Planning03:23 Roth vs. Traditional TSP07:41 Roth Conversions and the Five-Year Window09:02 Impact of Roth Conversions on Retirement and Medicare17:00 Considerations for Federal Employees Approaching Retirement

    Roth vs Traditional TSP: The Conversion Decision Most Federal Employees Delay

  8. Aug 13

    The Federal Tax Window: What To Decide Before TSP Withdrawals Start

    Federal employees have a tax window most people never get, and most people miss it. This episode breaks down the two windows that open right after you retire, why the Secure Act's 10 year rule changed the math on your traditional TSP, and how to fill your tax bracket with Roth conversions without tipping into IRMAA surcharges or a higher bracket than you need. William Smith walks through a real client case where a $30,000 difference in withdrawal timing kept a retiree out of the 32% bracket and away from higher Medicare premiums, then opens it up to live questions on Roth contribution amounts, the five year rule, fixed index annuity bonuses, and required minimum distributions. What's covered: Why the Secure Act's 10 year inheritance rule changed retirement tax planningThe 57 to 62 tax window and why your income is lower with no COLA increasesThe 62+ window and the choice between Social Security and TSP withdrawalsFilling your tax bracket with Roth conversions without overshootingIRMAA and Medicare premium triggers to watch forRequired minimum distributions and why timing matters years in advanceIn-service Roth transfers and why TSP makes this harder than an IRAThe five year rule for Roth TSP and Roth IRA (they run separately)Using TSP as a self-funded long-term care optionLive Q&A: annuity bonus red flags, two-income household tax rates, Roth contribution amounts, and more Timestamps: 00:00 Why the tax window exists now (Secure Act, 10 year rule) 02:24 What qualified money means to the government 04:39 You can't avoid taxes, only reduce them through planning 07:02 The 57–62 window and filling your tax bracket 09:27 Client case: avoiding the 32% bracket and IRMAA 11:53 The RMD window and why it changes everything 14:22 In-service Roth transfers and why TSP makes it harder 16:52 The five year Roth rule and using Roth funds debt-free 19:18 TSP as a self-funded long-term care option 21:42 Q&A: fixed index annuity bonuses, real return or red flag? 24:41 Q&A: two-income households and Roth strategy 27:23 Q&A: how tax brackets shift by year and administration 28:39 Q&A: how much to contribute to Roth TSP 31:14 Q&A: the five year rule, TSP vs. IRA 31:45 Q&A: what makes an IRA "good" 33:45 Q&A: RMDs while still working 35:09 Closing If you want a plan built around your own numbers, book a free Discovery Call: https://fedlegacy.zohobookings.com/#/discovery FedLegacy helps federal employees navigate FERS, TSP, FEGLI, and Social Security so retirement decisions get made with a plan instead of guesswork.

    The Federal Tax Window: What To Decide Before TSP Withdrawals Start
See All (35)

Ratings & Reviews

5
out of 5
2 Ratings

About

Clear, education-first conversations for federal employees who want to understand their benefits, avoid costly assumptions, and make confident retirement decisions using the Financial House framework.

Information

You Might Also Like