Federal Employee Services
We offer a host of services designed to meet the needs of federal employees, including:
» Retirement Planning for CSRS and FERS
» Federal Benefit Analysis
» TSP Allocation Strategies
» Brown Bag Workshops
» One- and Two-Day Retirement Classes
» Monthly Newsletters
Retirement Planning for CSRS and FERS
Retirement planning can be very tricky for federal employees. One wrong decision can greatly impact your retirement future. There are many factors that can have an effect on your retirement, including:
- Your retirement plan – CSRS, CSRS Offset, FERS or FERS Transferee
- Military service
- Part-time or temporary employment
- Deposits and re-deposits
- Length of Service
- Special category – law enforcement, firefighter, air traffic controller
Surveys have shown that many federal employees choose their benefits based on the choices and advice of their co-workers. The problem is that these benefits are not one-size-fits-all. That is one of the reasons that there are so many choices—each person and their situation is unique!
We can help you make sense of it all! At Franklin Planning, we specialize in retirement planning for federal employees. We have made it our goal to understand your federal benefits inside and out, so that we can help you make informed, educated decisions.
When you meet with us, we want to learn as much as possible about you, both financially and personally. We want to understand what is important to you, where you are now and where you want to go, as well as determine if there are any gaps. We will come up with a plan, and together we can decide the best way to help you reach those goals!
- Allocating your TSP
- How much to contribute to TSP
- Contribute to traditional TSP, Roth TSP or both
- Health, dental and vision benefits (FEHB and FEDVIP)
- Flexible spending accounts (FSAs)
- Life insurance (FEGLI)
- Long-term care (FLTCIP)
As you near retirement, we can help you with decisions regarding:
- Deposits and re-deposits
- Best days to retire
- Calculation of pension benefits
- Survivor benefits
- Social Security (including Windfall Elimination Provision and Government Pension Offset)
- Taking distributions from TSP
As a federal employee, when you meet with us, we do a full review of your benefits and offer you a complete Federal Benefits Analysis free of charge. Next, we determine your retirement goals—your hopes and dreams for the future. We will come up with a plan, and together we can decide the best way to help you reach those goals!
Federal benefits can be very complex! Let us help you maximize and coordinate them with your retirement plan. Call us for an appointment at 856-401-1101 or email us at firstname.lastname@example.org. We can schedule a time and location that works best for you.
Federal Benefits Analysis
As a federal employee, when you meet with us, we do a full review of your benefits and offer you a complete Federal Benefits Analysis.
Your Federal Benefits Analysis will include information regarding your:
- Annuity calculations (including deposit, re-deposit, and military deposit)
- FERS supplemental benefits
- TSP analysis
- FEHB in retirement
- FEGLI options
The interview appointment takes approximately one hour and will help us gather the information we need in order to prepare your analysis. Once we have completed your analysis, we will meet again to review the results, answer any questions you may have and help you make decisions going forward.
We work with federal employees throughout the United States, with our home office located in Sewell, New Jersey. To schedule an appointment for your Federal Benefits Analysis at a time and place that is convenient for you, phone us at 856-401-1101 or email us at email@example.com.
TSP Allocation Strategies
As a federal employee, the Thrift Savings Plan is one of the most valuable benefits you can use to help you prepare for your retirement. As a FERS employee, the TSP is one of the three main “legs” of your retirement benefits offered by the federal government. But even CSRS employees can use the TSP as a useful retirement planning tool.
At Franklin Planning, we can help you develop a TSP allocation strategy designed to fit your financial wants and needs. As retirement planning specialists, we know that it is important to take advantage of this benefit as early in your career as possible and to continue to adjust your plan as your life changes. We can help with TSP decisions such as:
- Traditional or Roth
- Allocations/fund choices
- Withdrawals, including in-service, rollovers and hardship
To schedule an appointment to discuss your TSP. Call us at 856-401-1101 or e-mail us at firstname.lastname@example.org.
I really enjoyed your seminar. Very few financial advisors seem to understand federal benefits and the ins and outs of them all. I thought the information was very enlightening with lots of good tidbits of helpful information, things many people wouldn’t have a clue about. And, believe me, I’ve attended numerous seminars, both inside and outside the federal system, on retirement planning. Yours was extremely helpful.
I also recommended to a few people that they watch the seminar if it is available via recording.