By Jay Shareef and Chris Rhoads If you work for the federal government, you’re accustomed to more than a few benefits, but perhaps the greatest is that your position can set you up for much financial success. After all, for most private-sector employees, being able to retire after 30 years […]
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By Jay Shareef and Chris Rhoads Unfortunately, financial literacy is not a class taught in high school or even college—but it definitely should be. Most people graduate college or graduate school and start working without understanding how to organize their financial life, and as a consequence, they have little to […]
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By Jay Shareef and Chris Rhoads We all face financial pitfalls. Not having a financial plan, starting to save for retirement too late, not being aware of your expenses, being underinsured, to name a few. But if you’re a federal employee, there are specific financial pitfalls you should be on […]
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By Jay Shareef and Chris Rhoads Retirement is one of the most discussed financial topics, and it’s easy to understand why. A substantial retirement plan should enable you to live comfortably for decades while preparing you for an array of possible unknown outcomes. While comparing your retirement to your neighbor’s […]
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By Jay Shareef and Chris Rhoads For federal employees, the Special Retirement Supplement, also known as the SRS, is a useful tool that bridges the income for employees who retire after meeting their years of service requirement but are not yet eligible for Social Security. For employees under the federal […]
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By Jay Shareef and Chris Rhoads If you’re a federal employee going through a divorce, one of the first questions on your mind is probably: What are my former spouse’s rights to my federal employee retirement benefits? As with most things in life, there’s no black-and-white answer. There are certain […]
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By Jay Shareef and Chris Rhoads Federal employees have access to a host of unique retirement benefits. Part of our role as financial advisors is to help you understand the options available to you and put a plan in place to ensure that you get the most out of […]
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By Jay Shareef and Chris Rhoads How much do you know about your life insurance options? As a federal employee, you’re likely automatically enrolled in the Basic plan offered by the Federal Employee Group Life Insurance (FEGLI) Program, which is free for eligible employees. But the Basic plan doesn’t […]
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By Jay Shareef and Chris Rhoads If you served in the military, you may be eligible to receive credit for your military service through the Military Buyback Program. This program allows veterans with active-duty military service to receive credit for their military service that can be added to their years […]
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By Jay Shareef ChFEBC℠ and Chris Rhoads ChFEBC℠ Just as you wouldn’t want a plumber wiring the electricity in your new home, you don’t want just anybody guiding you in your financial life. With something as important as your finances, you want to experience the peace of mind that comes […]
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By Jay Shareef ChFEBC℠ There are many reasons you probably chose your career. Maybe it was the excitement of future opportunities, the salary, or the flexibility. For me, my reason was simple: I saw too many people suffer the consequences of a failure to plan and decided to use my […]
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By Jay Shareef and Chris Rhoads Federal employees have access to benefit offerings and retirement plans that are unique to government workers. If you’re a federal employee, read about the basics of your benefits and retirement saving options and how they can fit into your overall financial plan. Overview […]
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By Jay Shareef Working for the federal government can set you up for a lot of success financially. After all, being able to retire after 30 years of service is something that most private-sector employees only dream of. Just because you are allowed to retire after 30 years doesn’t mean […]
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