TSP in Retirement: 1-Day Evening Class
An evening retirement training conducted via livestream webinar—plus access to the recorded session for 3 months. Discover the options that await you and how to navigate them, plus The Retirement Pivot between the two phases of TSP. This training is best suited for those retiring in the next 5 years.
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What you'll learn
- Exactly how TSP fits into your FERS retirement benefits seamlessly—and why using the '3-legged stool' analogy could be a big mistake
- The Retirement Pivot: going from the savings phase to investing for the 20+ year withdrawal phase
- How to evaluate your TSP funds to help make sure they’re aligned with the withdrawal schedule your retirement is counting on
- Analyze how the FERS and Social Security COLA may fall short, and the burden put on TSP as a result
- Understand how the TSP Modernization Act, SECURE Act and CARES Act each impact your financial decisions
- All about the mandatory withdrawals you'll have to take from TSP—Required Minimum Distributions—including when they start and how the calculation works each year
- How to factor in the cost of income taxes on your withdrawals
- Compare your options and clarify the advantages and disadvantages of staying at TSP vs. IRA rollover
- Identify potential tax advantages of TSP
- Develop a plan of action for your retirement savings before you turn in your official retirement paperwork
Workshop description
Throughout your career, saving and investing in your TSP has been the focus. Now that you're approaching retirement, you'll need to shift your focus from saving to withdrawals. We call it The Retirement Pivot.
This livestream workshop takes the complexity out of these retirement decisions. Common-sense explanations and sample calculations show you how to adjust your focus for a satisfying investment and withdrawal plan, including income taxes. Discover how the recent TSP Modernization ACT, SECURE Act and CARES act impact your retirement nest egg in 2020 and beyond.
You'll learn how to evaluate your options and select the one(s) that can help you achieve security, flexibility and relaxation in retirement in a supportive educational environment with NO annuity or financial selling. You'll be poised to "cross the finish line" with a greater confidence and solid resources to refer back to time and time again.
Workshop outline
EVENING 1
THURSDAY, May 28 from 4:00 PM to 7:00 PM Pacific
Module 1: [The FERS 7] How TSP fits into your retirement plan
Module 2: [TSP Investments] The Retirement Pivot
Module 3: [TSP Withdrawals] + The TSP Modernization Act
Module 4: [RMD Calculations] + The SECURE Act + The CARES Act
Module 5: [TSP + Income Taxes] Avoiding hidden costs
Module 6: [The Trade-Offs] TSP vs. IRA: What's the catch?
Module 7: [Wrap Up] TSP's forms: A walk through
Module 8: [Get Answers] Live Q & A: Ask almost anything
The replay of livestream will be available in the online portal for three months.
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Schedule
Evening 1
May 28th
FAQs
Will there be a replay of the Livestream?
What time does the Livestream start? How long will it last?
Once I register, can I just share my link with my colleagues?
I'm early/mid/late career, will the content actually help me?
What if I have a question that you haven't covered?
Instructor
Kelly L. Monroe
Founder, FERS Blueprint Retirement Planning System; Retirement Benefits Trainer for 10+ years; author for Fedsmith; as a financial advisor conducted over 2300 retirement consultations
What people are saying
"Tremendous resource to understand retirement benefits."
Patrick K.
Virtual training student
"Very easy to understand. Training provides clear interpretation of the complicated retirement rules."
David I.
Virtual training student
"Good examples and resources. Ability to ask questions and receive timely responses. Access to all questions from other participants."
Mary M.
Virtual training student
"The training helps clarify how the benefits options work and alerts one to possible pitfalls. The discussion on retiree FEGLI options was very helpful, and the discussion of LTC was compassionate. All were good."
Jim C.
Virtual training student
"You can do and redo it at your own speed. The tools and links are invaluable. The instructor was super and very approachable!!!"
Bailey S.
Virtual training student
"Unlike many one-day seminars, this course goes beyond highlighting FERS. It delves into how each component of FERS works and clarifies in a uniquely illustrative way how everything fits together as an organized package."
Marsha D.
Virtual training student
FERS Blueprinttm is an educational division of The Monroe Team, Inc. DUNS Number: 032 057260. CAGE Code: 735L3. NAICS Code: 611710 Educational Support Services. Woman-owned, small business.
FERS Blueprinttm is not affiliated with, endorsed or sponsored by the Federal Government or any US Government agency. FERS Blueprinttm is educational only. No specific financial, retirement nor tax advice is being offered. The material presented is as current as possible, but is necessarily generalized. Facts and opinions are based on research and experience, but are not endorsed by the Federal Government. It is recommended to consult with your personnel office and/or the Office of Personnel Management (OPM) Retirement Office, Thrift Savings Plan, Social Security, Medicare, Internal Revenue Service, your legal, tax and/or other advisor(s).
