For Your Benefit

May 22, 2023onForYourBenefit,host Bob Leins, CPA® welcomes Herb Casey, Transition and Federal Benefits Specialist. There are many things to consider when making the decision to transition to retirement.Most people planfor retirement without thinking about how family can impact the process.How will your spouse, children, grandchildren, parents, siblings, and extended family affect your retirement?There are positives and negatives.Herb will talk about how family can impact finances, emotions, and mental health in retirement. For questions or comments, email us in advance [email protected]

April 24, 2023onForYourBenefit,host Bob Leins, CPA® welcomes Joel Cundick, CFP®.On today’s program, Joel will talk about what to do after the sudden death of a spouse, parent, or other family member.He will discuss the importance of having finances in order in advance and answer the questions: What information can you gather now to minimize the difficulty of a possible death of a spouse? What modifications should be made to a portfolio to stress-test it for that kind of change? If you have recently lost a spouse, what are the most important things to do financially? What dates are critical to remember and why? For questions or comments, email us in advance [email protected]

April 17, 2023onForYourBenefit,host Bob Leins, CPA® and co-host Tammy Flanagan, Senior Benefits Director at NITP, Inc., welcome Kim Weaver, Director, External Affairs, Federal Retirement Thrift Investment Board. Today’s discussion will focus on answering the following questions: The TSP changed recordkeepers last June.What did participants get from the transition? SECURE 2.0 became law at the end of 2022 and made a number of changes that apply to the TSP.What are they and when are they going to be implemented? Stats!How many participants receive the 5% match?How many millionaires?Average account balances? What were the administrative expenses for 2022?

March 27, 2023onForYourBenefit,host Bob Leins, CPA® welcomes David Santana, Health Insurance Specialist from the Centers for Medicare and Medicaid Services. Understand your Medicare coverage choices to maximize your benefits Evaluate the cost of enrolling in Medicare and premium payments Summarize the choices to make an informed Medicare enrollment decision Learn about recent laws that affect the Medicare program For questions or comments, email us in advance [email protected]

March 6, 2023onForYourBenefit,host Bob Leins, CPA® welcomes John Jilek, CFP®.There is a 100 percent chance we will all pass away some day.Life insurance, for the majority of us, can be an important vehicle to provide financial security for those left behind.What are the milestones of life insurance for Federal Employees?Why you should think of life insurance as death insurance.Does life insurance make financial sense if held for the long term? LTC Insurance is a necessity for all Federal employees that are not able to self-insure. Putting Long Term Care Insurance into perspective now that the Federal LTC program is on hold. Find an alternative. Don’t procrastinate. Property Casualty Insurance is the most overlooked personal insurance by Federal employees. PIC = Proper Insurance Coverage Umbrella Liability Insurance is the least understood and bought by Federal employees. No Umbrella Liability = Bullseye for Lawsuit For questions or comments, email us in advance [email protected]

February 27, 2023onForYourBenefit,host Bob Leins, CPA® welcomes Brian Kurrus, CFP® to talk about questions to ask yourself before setting a retirement date. Have you saved enough for retirement? What investment changes should you consider? What can derail your retirement plans? For questions or comments, email us in advance [email protected]

February 6, 2023onForYourBenefit, our host Bob Leins, CPA®, welcomes Bob Braunstein, Federal Benefits Specialist.Have you ever considered how much additional income your loved ones might need if you were suddenly gone?Have you planned their survivor benefits?Today’s program will focus on answering these questions: What types of Federal survivor benefits would go to your loved ones if you pass away? How can you be sure the benefits you have planned/elected for your survivors will be enough? If you have not elected benefits or designated specific beneficiaries, will your survivors be eligible for them anyway? What survivor benefits must be elected? Can you want to make these elections later or must they be in place before you pass away? Who ensures your survivors receive benefits? What is your Federal agency’s responsibility? OPM’s responsibility? Should survivor benefits be part of your financial plan? Are these benefits taxable?Which are and which are not? For questions or comments, email us in advance [email protected]

Want to make the most of the new year? Guest Karen Schaeffer, CFP® will talk about how to keep those New Year’s resolutions about money. Whether it’s paying off debt, buying a house, staying ahead of inflation, or having more confidence about your investments, Karen will share the tips financial planners give their clients. January is also a great time to make sure your TSP is allocated correctly. We have new contribution limits and a new mutual fund window to consider. Whether you are just getting started or actively spending down, tune in to make sure your TSP decisions align with what’s best for you. Learn how to choose between: Roth or Traditional Core Funds or L Funds Rebalance or Set and Forget For questions or comments, email us in advance at [email protected]