Knowledge Now Sessions

A VALUABLE CHOICE FOR FEDERAL EMPLOYEES!

FedSavvy® Educational Solutions, provides “Knowledge Now” Workshops to Federal Agencies at your location orvirtually due to COVID-19 restrictions. These workshops are one-hour sessions on a variety of topics that are designed to be presented to Federal Employees during their lunch hour (although they can be scheduled at any time throughout the work day).

The following Knowledge Now topics are being offered in 2024

Your Tax Management Journey- Part 1 and Part 2 TIME SENSITIVE

During this 2-part webinar we’ll address tax opportunities and options you can take advantage of before the Tax Cuts and Jobs Act sunsets in 2025.

This course provides a valuable road-map for tax- free retirement planning. Some experts have even suggested that tax rates may double just to keep programs like Social Security and Medicare solvent. During this class we will explore strategies that you can start doing today that will reduce the tax rate risk from your retirement picture.

TSP – Avoid 9 Costly Mistakes

TSP is the largest defined contribution retirement savings plan in the world with over $650 billion in assets. You have a wide range of investment options and, best of all, the fee is ridiculously low at .033%. There are some common mistakes that can cost you thousands of dollars, sometimes causing irreversible losses. With the proper knowledge that you’ll gain from this program, these mistakes can be avoided.

Thrift Savings Plan Considerations in Retirement

This course explores the options available, along with factors to consider before making these important withdrawal decisions. If you are preparing for retirement, this course is a must!

Thrift Savings Plan 101 – TSP Nuts and Bolts

Good course for employees newer to TSP. This program will fully describe the unique differences of the Traditional TSP and the Roth TSP so that individuals can decide which option (or combination) is most suitable for them.

Thrift Savings Plan 201 – Allocating Your TSP in Uncertain Times

This course goes into more depth on creating a portfolio based on risk return statistics that are appropriate for your individual needs. Tools will be provided to determine if it is within their comfort zone.

Sound Financial Planning for Your Spouse

If you are married, you need to plan for retirement as a couple and both partners need to know about their financial plan. This class will cover maximizing you social security benefits, planning your healthcare, and more tips that could literally be life savers later in life.

Maximize Your Social Security Benefits

The difference between the best and worst decision for when to elect Social Security can be well over $100,000! With over 81 possible age combinations across nine possible election strategies, we can show you how to find the option that offers you and your family the highest expected lifetime benefits.

10 Financial Tips for 2024

Make 2023 different by being proactive and making a plan to fund whatever it is that’s important to you. Do you contribute to a Roth IRA? Have you already thought of long term care? Is your life insurance up to date? Make sure you are controlling your money and not letting your money control you.

Long Term Care – An Essential Planning Tool

Imagine having an expense that could wipe out all of your savings. The fact is that there was a 70% chance that this could happen to you or your spouse. Spend 60 minutes learning the intricate details of the Federal Long Term Care program as well as hybrid life – long-term care plans, which insure that if you don’t use the long-term care component, it will pay out to a beneficiary when you pass.

Survive and Thrive in Retirement

When you retire you may want to travel, see the world, and spend time with your loved ones without having to worry about running out of money. In this session, we will share the strategies that will have you doing everything you want to do during your retirement and still reach your full income potential.

Your Tax Management Journey- Part 1 and Part 2

Little Known Facts About a TSP Beneficiary Participation Account

As you probably know, only a surviving spouse is eligible to keep funds at TSP. A spouse can keep funds in TSP as a Beneficiary Participant Account (BPA). A beneficiary other than a spouse is required to take the funds out of TSP, either lump sum or transfer funds into a properly named Inherited IRA account. A BPA account owner may be subject to higher forced withdrawals than they would if funds were rolled over to their own IRA. The tax consequence to beneficiaries of the BPA owner may be severe.