Federal Benefits Planning
Retire with Confidence and Clarity
If you’re a civilian employee of the federal government with retirement coverage, you likely fall under the Federal Employee Retirement System (FERS) or the Civil Service Retirement System (CSRS). FERS combines benefits from three different sources: a Basic Benefit Plan, Social Security, and the Thrift Savings Plan (TSP). The Civil Service Retirement System is a defined benefit, contributory retirement system that provides annuity payments after you retire or in other special circumstances.
Most federal employees are also eligible for the Federal Employees’ Group Life Insurance (FEGLI) Program, established in 1954. It’s the largest group life insurance program in the world, covering millions of Federal employees, retirees and many of their family members.
Stone Financial Consultants is ready to help you understand all the moving parts of these benefits. Together, we can create a customized, long-term financial plan to help you secure the comfortable retirement you deserve.
- FERS & CSRS retirement paperwork
- Beneficiary change forms
- Social Security maximization
- TSP rollovers
- TPS Fund Allocation advice
- Life Insurance
As a federal employee, you have spent your career serving others. Now it is time to make sure your retirement works in your favor. At Stone Financial Consultants, we help federal workers like you understand and use the full value of your retirement benefits. Whether you work in defense, homeland security, veterans affairs, or another department, we are here to guide you every step of the way.
Know Your Federal Retirement System
Federal retirement benefits are strong, but the rules can be confusing. Most federal workers are covered under either the Federal Employees Retirement System (FERS) or the older Civil Service Retirement System (CSRS). Each system works differently and comes with its own set of options. We will help you understand which rules apply to you and how your years of service and income affect your retirement.
Build a Strong Annuity Plan
Your retirement annuity is a key part of your income after you leave your job. We help you understand how your length of service, average salary, and retirement type affect your monthly payments. We also help you with service credit for military time, converting unused sick leave, and choosing survivor benefits. These choices can make a big difference in your final payout, and we want to help you make the right ones.
Make the Most of Your TSP
Your Thrift Savings Plan (TSP) is another important part of your retirement. We work with you to review your investment mix, adjust it to your goals, and decide how and when to start using your savings. Whether you want to keep your money in the TSP, take withdrawals, or roll it into an IRA, we will help you understand the pros and cons of each choice.
Health, Life, and Long-Term Care Benefits
Many federal retirees can keep benefits like the Federal Employees Health Benefits (FEHB) program and Federal Employees’ Group Life Insurance (FEGLI). These can offer great value in retirement. We help you review your options, understand the costs, and decide what works best for you. We also help you look at long-term care coverage and how Medicare may fit into your plan.
Personalized Help for Your Role and Agency
Every federal job has different retirement rules. Whether you are in law enforcement with a mandatory retirement age, a postal worker, or a civilian employee, we will tailor our guidance to your role and agency. You will not get generic advice. You will get help that fits your unique situation.
Start Planning With Confidence
You have worked hard. Now it is time to retire with a plan you can trust. At Stone FC, we are here to help you understand your benefits and create a clear retirement strategy.
Give us a call today to get started!
Request an Appointment
Our experts will work with you 1-on-1 to give you the personalized attention you deserve and create a financial planning strategy that suits your personal retirement needs.
