[Reduction in Force] Part 6: Comparing a “Reduction-in-Force” and the “Deferred Resignation”

FedImpact: Candid Insights for Your Federal Retirement

#Trading #Business #Government #Chris Kowalik

1:03:38

Too many entrepreneurs get stuck on the business treadmill, hustling nonstop, unable to scale, and unknowingly stalling their growth. That’s where Dave Ramsey began. After crashing into $3 million in debt, he rebuilt from scratch, turning a small radio program into a national show with millions of listeners. With over three decades of experience in entrepreneurship, business growth, and content creation, he knows what it takes to build a lasting business. In this episode, Dave reveals the six drivers of long-term success, the five key stages of startup growth, and how he balances life as an entrepreneur and a content creator. In this episode, Hala and Dave will discuss: (00:00) Introduction (00:23) The Core Principles of Financial Freedom (05:42) Adapting to Change as a Content Creator (09:22) Balancing Content Creation and Entrepreneurship (12:34) How to Create a Clear Path in Business (15:19) The Truth About Starting a Business Today (18:22) The Six Drivers of Business Success (26:20) Shifting From Tactical to Strategic Thinking (29:44) The Five Stages of Business Growth (41:10) Leading with Care, Clarity, and Accountability (47:10) Identifying the Right Leadership Skills (48:35) Starting a Media Business as an Entrepreneur Dave Ramsey is a personal finance expert, radio personality, bestselling author, and the founder and CEO of Ramsey Solutions. Over the past three decades, he has built a legacy of helping millions achieve financial freedom. As the host of The Ramsey Show , Dave reaches more than 18 million listeners each week. He is the author of eight national bestselling books. His latest, Build a Business You Love , helps entrepreneurs navigate growth and overcome challenges at every stage. Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify OpenPhone: Streamline and scale your customer communications with OpenPhone. Get 20% off your first 6 months at openphone.com/profiting Airbnb - Find yourself a co-host at airbnb.com/host Indeed - Get a $75 sponsored job credit at indeed.com/profiting RobinHood - Receive your 3% boost on annual IRA contributions, sign up at robinhood.com/gold Factor - Get 50% off your first box plus free shipping at factormeals.com/factorpodcast Rakuten - Save while shopping at rakuten.com Microsoft Teams - Stop paying for tools. Get everything you need, for free at aka.ms/profiting LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/profiting Resources Mentioned: Dave’s Book, Build a Business You Love: bit.ly/BuildaBusinessYouLove Dave’s Website: ramseysolutions.com Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Side Hustle, Passive Income, Online Business, Solopreneur, Networking.…

for ca. et år siden 7:14

MP3•Episode hjem

ProFeds Founder, Chris Kowalik, contrasts the Reduction-in-Force with the recent “Deferred Resignation” offer to help employees understand the stark difference between these two actions.

KEY TAKEAWAYS:

Voluntary vs. Involuntary action
Expected differences between the two downsizing actions
Why some employees chose the deferred resignation instead of waiting for the RIF

Additional resources:

Link to full RIF training series: FedImpact.com/RIF-training-series

Local workshop locations and dates: FedImpact.com/attend

To be introduced to a local financial professional: FedImpact.com/request-to-meet

70 episoder

FedImpact: Candid Insights for Your Federal Retirement

[Reduction in Force] Part 6: Comparing a “Reduction-in-Force” and the “Deferred Resignation”

FedImpact: Candid Insights for Your Federal Retirement

48 subscribers

published for ca. et år siden

Del

MP3•Episode hjem

ProFeds Founder, Chris Kowalik, contrasts the Reduction-in-Force with the recent “Deferred Resignation” offer to help employees understand the stark difference between these two actions.

KEY TAKEAWAYS:

Voluntary vs. Involuntary action
Expected differences between the two downsizing actions
Why some employees chose the deferred resignation instead of waiting for the RIF

Additional resources:

Link to full RIF training series: FedImpact.com/RIF-training-series

Local workshop locations and dates: FedImpact.com/attend

To be introduced to a local financial professional: FedImpact.com/request-to-meet

70 episoder

#Trading #Business #Government #Chris Kowalik

Alle episoder

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 22: How Can I Access My Thrift Savings Plan (TSP)? 9:02

for 5 weeks siden9:02

9:02

ProFeds Founder, Chris Kowalik, reviews the IRS rules which allow federal employees to take from their TSP at various ages if they are RIF’ed. KEY TAKEAWAYS: How do employees access TSP after they have separated (resigned or retired) How long employees have to wait take withdrawals from TSP What penalties may apply to withdrawals prior to age 59 ½ Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 21: What Should I Know if I’m a Military Veteran? 5:58

for 5 weeks siden5:58

5:58

ProFeds Founder, Chris Kowalik, sheds light on what military veterans should know if they are going through a RIF process. KEY TAKEAWAYS: Ensuring your veterans preference is in your service record Process of buying back your military service Retaining a receipt of your military buyback Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet Webinar replay: Breaking Down the Military Service Buyback : https://fedimpact.com/webinar/replay-breaking-down-the-military-service-buyback/…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 20: Will I Get to Keep My Government Insurance (FEHB, FEGLI, FLTCIP & FEDVIP)? 6:12

for 5 weeks siden6:12

6:12

ProFeds Founder, Chris Kowalik, explores the rules for keeping various government insurance programs such as health (FEHB), life (FEGLI), dental and vision (FEDVIP), and long term care (FLTCIP).). KEY TAKEAWAYS: Rules for being able to keep various federal benefits Timelines for changes to take place How the cost can change for each benefit Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet FEGLI Handbook citing 5-year rule: https://www.opm.gov/healthcare-insurance/life-insurance/reference-materials/publications-forms/feglihandbook.pdf#page=114 FEHB Waiver Policy: https://www.opm.gov/healthcare-insurance/healthcare/reference-materials/reference/annuitants/#current…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 19: Will I Still Get the FERS Supplement (and When)? 3:59

for 5 weeks siden3:59

3:59

ProFeds Founder, Chris Kowalik, reviews the rules for getting the FERS Special Retirement Supplement for employees who are RIF’ed. KEY TAKEAWAYS: Explanation of the FERS Supplement Who gets the FERS Supplement? When do payments begin? Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 18: Will I Get a Different Pension Calculation (and When)? 6:08

for 5 weeks siden6:08

6:08

ProFeds Founder, Chris Kowalik, explains the pension calculation that employees can expect if they are RIF’ed. KEY TAKEAWAYS: The pension formula The challenge of including military service The high-3 average (and potential change to the “high-5”) Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 17: What Happens if I Want to Return to Federal Service Later? 4:01

for 5 weeks siden4:01

4:01

ProFeds Founder, Chris Kowalik, discusses what happens if an employee wishes to return to federal service after being RIF’ed. KEY TAKEAWAYS: What processes are in place to facilitate a return to service How to return to federal service if you have already retired How to return to federal service if you left with no pension (or one that pays out later) Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series OPM’s Severance Pay Fact Sheet: https://www.opm.gov/policy-data-oversight/pay-leave/pay-administration/fact-sheets/severance-pay/ Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 16: Will I Lose My Annual Leave and Sick Leave? 5:23

for 5 weeks siden5:23

5:23

ProFeds Founder, Chris Kowalik, helps federal employees understand what happens to their unused annual leave and sick leave if they are RIF’ed. KEY TAKEAWAYS: Rules for annual leave payout Rules for use of sick leave What to do to not lose any leave Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Sick Leave Conversion chart: FedImpact.com/2087-chart Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 15: Can I File for Unemployment? 2:22

for 5 weeks siden2:22

2:22

ProFeds Founder, Chris Kowalik, discusses the opportunity for many federal employees to collect unemployment if they lose their job due to the Reduction-in-Force. KEY TAKEAWAYS: Who may qualify (and doesn’t qualify) for unemployment Where employees go to file for unemployment How unemployment benefits may be affected by other payments received Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series USA.gov Unemployment Benefits Guide: https://www.usa.gov/unemployment-benefits U.S. Dept of Labor Unemployment: https://www.dol.gov/general/topic/unemployment-insurance Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 14: Are Cash Payments (VSIPs) Being Offered? 4:35

for 5 weeks siden4:35

4:35

ProFeds Founder, Chris Kowalik, reviews the possibility of cash payments being offered to federal employees as part of the RIF plan. KEY TAKEAWAYS: Rules of the Voluntary Separation Incentive Payment (VSIP) How much are the incentives (and proposals for the amount to change) How VSIPs work with other downsizing tools (like VERAs) Who is not allowed to receive a VSIP buyout Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series OPM’s guide to VSIPs: https://www.opm.gov/policy-data-oversight/workforce-restructuring/voluntary-separation-incentive-payments/guide.pdf Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 13: Will I Get Severance Pay and How is it Calculated? 8:14

for 5 weeks siden8:14

8:14

ProFeds Founder, Chris Kowalik, explains the rules surrounding severance pay and who can expect to receive it if they are RIF’ed. KEY TAKEAWAYS: Who is eligible to receive severance How to calculate approximate severance amount How severance pay is paid out Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series LINK to severance pay calc on OPM: https://www.opm.gov/policy-data-oversight/pay-leave/pay-administration/fact-sheets/severance-pay-estimation-worksheet/ LINK to “Basic Pay” definition: https://www.ecfr.gov/current/title-5/part-550/section-550.703#p-550.703(Rate%20of%20basic%20pay) Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 12: Is it Better to Quit Before I’m RIF’ed? 7:22

for 5 weeks siden7:22

7:22

ProFeds Founder, Chris Kowalik, dives into a popular question about if it is better to quit/resign before being RIF’ed. KEY TAKEAWAYS: What happens if you quit/resign? What options employees have if they are already eligible to retire What benefits you may give up if you quit/resign Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 11: Can I Volunteer for a RIF? 3:24

for 5 weeks siden3:24

3:24

ProFeds Founder, Chris Kowalik, discusses various ways employees can “volunteer” for a RIF and what causes them to be eligible to do so. KEY TAKEAWAYS: The best time to volunteer What causes someone to be eligible to volunteer What an employee can expect to happen to their benefits Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 10: What if I Have Less than 5 Years of Federal Service? 7:07

for 5 weeks siden7:07

7:07

ProFeds Founder, Chris Kowalik, explores what happens during a RIF for employees who have less than 5 years of federal service. KEY TAKEAWAYS: What happens to the money already paid into FERS What happens if you return to federal service after being RIF’ed How access to the TSP may be limited Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 9: What if I Don’t Qualify for an “Early Out (VERA)” or “Discontinued Service Retirement (DSR)”? 7:56

for 5 weeks siden7:56

7:56

ProFeds Founder, Chris Kowalik, explores what happens when an employee is facing a RIF, but doesn’t qualify for an early out or a discontinued service retirement. KEY TAKEAWAYS: Requirements to qualify for an Early Out Requirements to qualify for a Discontinued Service Retirement What an employee may be eligible to receive (such as a cash incentive or severance pay) How an employee may qualify for a federal pension later Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series OPM’s severance pay worksheet: https://www.opm.gov/policy-data-oversight/pay-leave/pay-administration/fact-sheets/severance-pay-estimation-worksheet/ OPM’s VSIP eligibility: https://www.opm.gov/policy-data-oversight/workforce-restructuring/voluntary-separation-incentive-payments/ Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 8: What if I am Already Eligible to Retire? 6:45

for 5 weeks siden6:45

6:45

ProFeds Founder, Chris Kowalik, reviews how federal employees who are already eligible to retire will be affected by a RIF action. KEY TAKEAWAYS: What it takes to be “fully-eligible” to retire What benefits are retained in retirement What benefits may be lost in retirement Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 7: Will I Lose My Pension if I’m RIF’ed? 8:04

for 5 weeks siden8:04

8:04

ProFeds Founder, Chris Kowalik, walks through the effect that a RIF will have on an employee’s pension based on their length of federal service. KEY TAKEAWAYS: Effect on pension if an employee has less than 5 years of federal service Effect on pension if an employee has at least 5 years of federal service Effect on pension if an employee is already fully-eligible to retire Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 6: Comparing a “Reduction-in-Force” and the “Deferred Resignation” 7:14

for 5 weeks siden7:14

7:14

ProFeds Founder, Chris Kowalik, contrasts the Reduction-in-Force with the recent “Deferred Resignation” offer to help employees understand the stark difference between these two actions. KEY TAKEAWAYS: Voluntary vs. Involuntary action Expected differences between the two downsizing actions Why some employees chose the deferred resignation instead of waiting for the RIF Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 5: Comparing “Early Outs,” “Cash Buyouts,” and “Discontinued Service Retirements” (VERA vs. VSIP vs. DSR) 15:08

for 5 weeks siden15:08

15:08

ProFeds Founder, Chris Kowalik, compares Early Out offers, Cash Incentives, and Discontinued Service Retirements. KEY TAKEAWAYS: Tools available to agencies during a Reduction-in-Force Explanation of the various programs and who qualifies What benefits employees can receive with each program When pure layoffs (with no benefits) are utilized Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 4: 12 Things Every Federal Employee Should Do NOW 16:55

for 5 weeks siden16:55

16:55

ProFeds Founder, Chris Kowalik, lists 12 things every federal employee should do in light of the pending Reduction-in-Force (RIF) plans in the works from federal agencies. These items will help smooth the transition for employees who may find an abrupt end to their federal service. KEY TAKEAWAYS: Accessing funds to allow for a smooth transition until federal pension begins Retaining important documents before you no longer have access to government systems Updating your records before you exit federal service Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Download your electronic Official Personnel File (eOPF): FedImpact.com/get-your-eOPF Update your federal beneficiaries: FedImpact.com/beneficiaries Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 3: Am I at Risk of Being RIF’ed? 9:50

for 5 weeks siden9:50

9:50

ProFeds Founder, Chris Kowalik, assesses the inherent risk current facing the federal workforce and how agencies' RIF policies could leave many federal employees looking for work in the near future. KEY TAKEAWAYS: Timelines expected for RIF actions RIF procedures and ranking system What downsizing tools agencies are likely to use Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Link to RIF order: https://www.opm.gov/policy-data-oversight/workforce-restructuring/reductions-in-force-rif/#url=Summary Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 2: Lessons Learned from Deferred Resignation Offer 10:38

for 5 weeks siden10:38

10:38

ProFeds Founder, Chris Kowalik, makes some observations about what we’ve learned so far about the original Deferred Resignation offer to help federal employees better navigate this next round of downsizing through the looming Reduction-in-Force (RIF). KEY TAKEAWAYS: Federal employees have felt undervalued and unappreciated HR’s inability to respond to overwhelming number of inquiries Widespread panic and indecisiveness among federal workforce Very few extensions and little court delay Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Reduction in Force] Part 1: Introducing the RIF Training Series 1:48

for 5 weeks siden1:48

1:48

ProFeds Founder, Chris Kowalik, introduces the Reduction in Force training series that she developed exclusively for federal employees facing a monumental government-wide downsizing. She describes the various types of topics covered in the video series to help as many federal employees be prepared as they go through the RIF process. KEY TAKEAWAYS: Tools available to agencies during a Reduction-in-Force Timelines expected for RIF actions Importance of knowing your numbers during a downsize A guide to the videos available to federal employees Additional resources: Link to full RIF training series: FedImpact.com/RIF-training-series Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Deferred Resignation] Part 9: How to Access TSP (but Beware of the Penalties) 8:40

for 10 weeks siden8:40

8:40

ProFeds Founder, Chris Kowalik, reviews the IRS rules which allow you to take from your TSP at various ages (and if you’re allowed to access TSP between now and 9/30). KEY TAKEAWAYS: How do employees access TSP after they have separated (resigned or retired) How long employees have to wait take withdrawals from TSP What penalties may apply to withdrawals prior to age 59 ½ Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Deferred Resignation] Part 8: How to Ensure You Keep FEHB and FEGLI if You Resign 7:05

for 10 weeks siden7:05

7:05

ProFeds Founder, Chris Kowalik, highlights what federal employees need to do to keep their government health insurance (FEHB) and government life insurance (FEGLI). KEY TAKEAWAYS: What requirements must be met to keep FEHB after leaving federal service What types of retirement allow FEHB to continue What to do if you don’t meet these requirements Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Deferred Resignation] Part 7: Employees Who Are Younger with Only a Few Years of Service 6:59

for 10 weeks siden6:59

6:59

ProFeds Founder, Chris Kowalik, addresses federal employees who are on the younger side with only a few years of service to see what opportunities may exist with the deferred resignation offer. KEY TAKEAWAYS: Who falls into this category What are the consequences of taking this resignation offer How are other benefits like FEHB, FEGLI, the Supplement & TSP affected Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Deferred Resignation] Part 6: Employees Who Are Close to Retirement (But Won’t Qualify for an Early Out) 9:23

for 10 weeks siden9:23

9:23

ProFeds Founder, Chris Kowalik, addresses federal employees who are close to being eligible to retire, but don’t meet the requirements for an Early Out (VERA). KEY TAKEAWAYS: Who falls into this category What are the consequences of taking this resignation offer How are other benefits like FEHB, FEGLI, the Supplement & TSP affected Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Deferred Resignation] Part 5: Employees Who Are Already Fully-Eligible to Retire 9:41

for 10 weeks siden9:41

9:41

ProFeds Founder, Chris Kowalik, discusses how the Deferred Resignation applies to federal employees who are already fully-eligible to retire (and what to do if you’ve already filed for retirement)! KEY TAKEAWAYS: How to know if you are fully-eligible to retire What steps need to be taken to accept the resignation offer How to change your retirement date to reflect 9/30 How your pension will change Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Deferred Resignation] Part 4: Employees Who Qualify for MRA+10 10:52

for 10 weeks siden10:52

10:52

ProFeds Founder, Chris Kowalik, discusses how the Deferred Resignation applies to federal employees who have met their Minimum Retirement Age, but don’t have the years of service necessary to be fully-eligible to retire. KEY TAKEAWAYS: Who qualifies for an MRA+10 retirement What effect does this have on your pension How can you avoid penalties to your pension How are other benefits like FEHB, FEGLI, the Supplement & TSP affected Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Deferred Resignation] Part 3: The New Twist by OPM - Offering Early Outs 17:44

for 10 weeks siden17:44

17:44

ProFeds Founder, Chris Kowalik, discusses the new twist added by OPM just days before federal employees decide if they stay or go. This change includes relaxed eligibility standards through the Early Out (VERA) option for those who qualify. KEY TAKEAWAYS: Who qualifies for an Early Out How does it change this decision for many people What effect does this have on your pension How are other benefits like FEHB, FEGLI, the Supplement & TSP affected Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…

FedImpact: Candid Insights for Your Federal Retirement

1
[Deferred Resignation] Part 2: 10 Questions to Ask Your Agency’s HR Before You Resign 11:43

for 10 weeks siden11:43