Category: Financial Planning

Military Buyback: Is It Worth It for Your FERS Pension in 2025?

Military Buyback: Is It Worth It for Your FERS Pension in 2025? Imagine standing on the cusp of retirement after years of dedication to your country—first in military uniform, then as a federal civilian. Each step you’ve taken in your career has shaped your financial future in unique ways. Perhaps you’ve heard about military buyback and wondered whether this opportunity to convert your prior military service into additional credit toward a Federal Employees Retirement System (FERS) pension is truly worth

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FERS Retirement Planning 2025: Your Comprehensive Guide

FERS Retirement Planning 2025: Your Comprehensive Guide Retirement often feels like stepping into unfamiliar territory. Whether you’ve served in the military or dedicated decades of your career as a federal employee, the stakes around retirement decisions are significant. Understanding the Federal Employees Retirement System (FERS) is a vital step toward making informed choices about your future income. If you’re aiming to retire in—or simply want to strengthen your retirement plan by—2025, then this guide offers insight into how to explore

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TEPSLF Guide 2025: Qualifying for Expanded Loan Forgiveness

TEPSLF Guide 2025: Qualifying for Expanded Loan Forgiveness Life for many borrowers hoping to eliminate their student debt through public service has certainly been full of twists and turns. From the introduction of Public Service Loan Forgiveness (PSLF) in 2007 to the subsequent emergence of Temporary Expanded Public Service Loan Forgiveness (TEPSLF) a decade later, it’s been a rollercoaster ride. Many federal employees and other public servants discovered after making years of payments that they enrolled in non-qualifying repayment plans,

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OPM Calculator FERS Death Benefit Lump Sum Payment

OPM Death Benefit Calculator: Understand Your 2025 Lump Sum Payment

Understanding OPM Death Benefits: Planning Your 2025 Lump Sum Payment The thought of death is never an easy one, but for federal employees and their families, understanding the Office of Personnel Management (OPM) death benefits—particularly the lump sum payment—can be crucial for financial planning. Navigating the complexities of federal benefit systems like these can offer reassurance and ensure that loved ones are taken care of in tumultuous times. Familiarizing yourself with how these benefits work, who is eligible, and how

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FERS pension estimate calculator - federal employee retirement benefits

Federal Pension Estimator: Discover Accurate Figures for 2025

Federal Pension Estimator: Discover Accurate Figures for 2025 Retirement planning can often feel like staring into the fog, trying to discern the landscape that awaits you. For federal employees nearing retirement age, the mysteries of future pension benefits can seem especially daunting. Yet, understanding your Federal Employee Retirement System (FERS) or Civil Service Retirement System (CSRS) pension is critical to charting a course towards a secure retirement. As we approach the year 2025, accurate pension estimation is more vital than

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Federal Retirement Numbers for 2025

Crunch Your Federal Retirement Numbers with Confidence in 2025

Introduction to Federal Retirement Calculations Planning for retirement is an essential endeavor for federal employees, as it marks the transition into a new phase of life where financial stability becomes paramount. At PlanWell, our dedicated team has over 30 years of experience assisting federal employees. Each of our advisors holds the Chartered Federal Employee Benefits Consultant (ChFEBC), CERTIFIED FINANCIAL PLANNER™ (CFP®), and Accredited Investment Fiduciary (AIF®) designations to ensure our clients receive top-tier guidance for a secure federal retirement. Among

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