A recent FedWeek article, “OSC to Probationers: You’re On Your Own,” highlights how probationary federal employees often lack support in understanding their rights and benefits.
But one critical area where no federal employee should be left alone is Retirement Planning.
Key Federal Retirement Benefits You Should Maximize
✅ FERS Pension – A foundational benefit, but it’s only one piece of the puzzle.
✅ Thrift Savings Plan (TSP) – The government’s 401(k)-style plan with tax advantages.
✅ Social Security Integration – FERS employees receive Social Security alongside their pension.
✅ Federal Insurance Programs (FEHB, FEGLI, FLTCIP) – These can be costly if not optimized.
Common Mistakes Federal Employees Make
- Delaying TSP Contributions – Missing out on years of compounding growth.
- Underestimating FEHB Costs – Health premiums rise in retirement; planning early helps.
- Ignoring Survivor Benefits – FERS spouses may lose benefits without proper elections.
Expert Recommendations
✔ Start Early – Even probationary employees should set up TSP contributions.
✔ Get a Benefits Review – A specialist can identify gaps in coverage.
✔ Plan for Healthcare in Retirement – FEHB continues post-retirement, but costs vary.
Internal Benefit Advisors provides tailored strategies for Federal Employees at every career stage. Their expertise ensures you maximize Retirement Benefits while avoiding costly oversights.
📞 Schedule a consultation today: Federal Benefits Experts
References & Additional Resources
By taking proactive steps now, federal employees—whether probationary or near retirement—can secure a stable financial future. Don’t leave your Federal Retirement Planning to chance—get expert guidance today!
