Course Outline
Pre-Retirement Seminar (CSRS/FERS) - 3 Day Course
A comprehensive 3-day workshop suitable for employees within ten years of retirement eligibility. Seminar can be designed to cover CSRS/FERS Benefit Systems simultaneously; CSRS/CSRS Offset only; or FERS/TransFERS only. Includes but not limited to the following topics:
Day 1 (Full Day): Federal Benefits Under CSRS, CSRS Offset, FERS, TransFERS
- CSRS, CSRS Offset, FERS, TransFERS
- Choosing When to Retire
- Creditable Service
- Survivor Benefits and Disability Retirement
- Annual Sick Leave Credits
- Annuity Calculation
- Deposit/Redeposit
- Involuntary Separation and Early Out
- Phased Retirement/Employment
- Long-Term Care Options
- COLAs
- Voluntary Contributions under CSRS
- Supplemental Benefits under FERS
- Post-Service Withdrawal Options
- Overview of the Thrift Savings Plan (TSP)
- Windfall Elimination Provision (WEP) under CSRS
- Government Pension Offset (GPO) under CSRS
- Insurances - FEHB, FEGLI, FedVIP, FLTC, FSA
- Social Security and Medicare (Parts A, B, C, D)
Day 2 (Full Day): Financial and Tax Planning
- Financial Planning for Retirement
- Managing Debt in and Pre-Retirement
- Tax-Saving Strategies
- Pros & Cons of Paying down a Mortgage
- The Thrift Savings Plan (TSP)
- Borrowing from the TSP
- Inter-fund Transfers/Allocations
- Roth TSP vs Traditional
- Post Service Withdrawal Options
- Investments Beyond the TSP: Cash, Stocks, Bonds, Diversification
- Traditional and Roth IRAs
- Funding College Education
- Income Tax Planning
- Determining Taxable Income
- Taxation of Annuities
- Sale of Residence
Day 3 (Half Day): Estate Planning
- Developing an Estate Plan
- Powers of Attorney, Health Care Directives
- Probate, Wills, Trusts
- Joint Ownership
- Gift, Estate and Inheritance Taxes
- Guardianship and Conservancy
- Laws surrounding Long Term Care
Day 3 (Half Day): Transitioning to Retirement
- Psychological Transition to Retirement
- Working and Volunteering
- Relocation Considerations
- Managing Stress and Personal Relationships
- Planning for Health and Wellness in Retirement
- Adapting to Single Life in Retirement
BC Financial Planning Guarantee
All BC Financial Planning instructors are Subject Matter Experts (SMEs) in their respective fields, with years of experience delivering live and virtual seminars.
CSRS/FERS Benefits delivered by Federal Benefits Specialists who have worked for the Federal government in a Benefits/HR discipline. Our Federal Benefits SMEs continuously update their materials in accordance with changes made by OPM.
Financial and Tax Planning information delivered by Certified Financial Planners® and/or Certified Public Accountants®. We require our Financial and Tax Planning SMEs to be knowledgeable about the FERS and CSRS Benefits Systems.
Actively practicing attorneys deliver the Estate Planning modules.