Federal employees, whether CSRS or FERS, have many decisions – some of which are irrevocable – to make as they complete their retirement paperwork. (With almost half of our clients federal employees and retirees, ClearLogic guides federal employees in making the right decisions to optimize their retirement.)
Key decisions to make include: choosing their survivorship option, considering a partial rollover of your TSP, investing in the voluntary contribution plan, declining Medicare Part B, electing the 75% reduction paid up FEGLI option for life insurance, banking your sick pay leave payout, and selecting the best day of the month to retire (especially for CSRS).
These are 7 tips for federal retirement. (Because other decisions for retirement can vary, ClearLogic analyzes these based on individual specific circumstances.)
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