Your federal benefits provide you with opportunities to build a fulfilling retirement, but you may not know about the decisions you need to make that will result in the retirement you envision. To increase your chances of achieving the retirement you want, consulting with a financial advisor for federal employees can be immensely beneficial, we’re here to help tie all the components of your financial picture together and ensure that you optimize your federal benefits and make informed choices for a secure and satisfying retirement.
Also, we’ll educate you about the myriad of investment options (beyond the options in the Thrift Savings Plan) to help you pursue the returns and strategies you need for stable and long-term income.
When you partner with Ferguson-Johnson Wealth Management, you can rest easier knowing you have appropriate guidance to help you make smarter decisions for the retirement you want.
Learn more about how our 40 years in the Washington, D.C., area have uniquely positioned us to help current and former federal employees create the comfortable retirement they deserve:
Most people recognize the importance of investing to build real wealth and save enough money to fund a secure and comfortable retirement—a retirement that may last decades! But not many people know enough about basic investment principles to be confident...
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The government may be one of the few remaining employers to offer a pension to its employees. And although you may be thinking that the government needs to get with the times, the value of offering a pension will never go out of date, as your pension...
Read More The Thrift Savings Plan (TSP) is the federal government’s version of an employee 401(k) plan. For most government employees, it’s a pretty sweet deal. The TSP has lower-than-average fees and administrative expenses. It also offers...
Read More With many kinds of retirement plans out there, it can be hard to tell the differences among them at first glance. Two of the most popular types of retirement plans offered by employers are the 401(k) plan and...
Read More We all face financial pitfalls. Not having a financial plan, starting to save for retirement too late, not being aware of your expenses, and being underinsured are just a few. If you’re a federal employee, however, there are specific financial pitfalls you need to avoid...
Read More It’s that time of year again when you start getting notices about open season and all the changes coming to your employee benefits. Even though you’d probably rather turn a blind eye and keep going on with your life...
Read More The FERS (Federal Employee Retirement System) is a retirement plan that draws on three different sources: a Basic Benefit Plan, Social Security, and the Thrift Savings Plan (TSP). The Basic Benefit and Social Security portion requires you to pay in the taxes taken from your paycheck each pay period. The agency you work for withholds those contributions and pays their part as well. Once you retire, you receive annuity payments each month for the rest of your life.
Automatic payroll deductions, so you don’t have to manage what is taken out. Diversified investment options, choices concerning tax-treatments for your contributions and low administrative and investment expenses. Additionally, there may be service or agency contributions if you are covered by FERS or are a uniformed service member covered by BRS, death benefits for your spouse, and in certain circumstances you can access your money in a TSP while you are still working for the federal government.
Even if you’re already retired, market volatility or changes in your own situation may mean your plan needs to adjust. We can help. We’ll walk you through building a plan or adjusting a current plan to help your money last as long as you do. We’ll also help you leave behind a legacy to the people and things you care about. Our expertise as a financial advisor for federal government employees ensures you have peace of mind as you plan for the future.
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