Page 11 - The Informed Fed--Hearn Wealth Management

It is predicted that they will
cause additional burdens upon our financial and entitlement system due

to the massive numbers being placed upon the social security and
Medicare rolls. You may read that and think to yourself, thanks for the

keep things in perspective. In light of all the bad press, there is a silver
lining.

I was prompted to write this book because of the number of times I
would conduct a review of benefits for an employee and discover that
they had no idea how their benefits were structured or what options they

had chosen and the impact it would have on future earnings. They simply
completed the new employee forms by making a few selections and then
forgot about it. They would meet with an advisor in the latter years of

their career only to find out that they should have been consulting with
the number of times I have

We can all take a proactive stance instead of a reactive approach. You
can start by educating yourself on your federal benefits, which is what

this book is all about.
When we decided to write this book, we set out to provide
information that would help the federal employee take full advantage of

their benefits, while at the same time understand the pitfalls associated
with the federal benefit package. This book will help answer some of the

most common questions like:
How well will I retire?

What happens to FEGLI when I retire?
Should I keep the FEGLI options A B & C?

What should my TSP contribution rate be?

Should I buy back military time?
Is my TSP-3 completed correctly?

When should I elect social security?

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