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Q&A: Retirement Questions From USPS Employees

  Рет қаралды 15,102

Haws Federal Advisors

Haws Federal Advisors

Күн бұрын

Пікірлер: 45
@ismaelcastillo5028
@ismaelcastillo5028 2 жыл бұрын
I work for the USPS. Thank you for the information. 👍👍👍👍
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Glad to help!
@clnelson321
@clnelson321 2 жыл бұрын
Just retired a week ago and I already have access to TSP withdrawals...wow. Did not expect to have access to it so soon. I will do a small withdrawal to get me through this tax year. First time withdrawals will require a spousal consent and notarization if you're married, btw, but after that, withdrawing is allowed once a month. Dollar cost averaging makes sense, instead of lump sum withdrawals.
@quarry64
@quarry64 2 жыл бұрын
Congrats! 🎉 I just got out 10/1! How long after your retirement date did you receive your OPM packet? I was told it could be 2-4 weeks . You got a plan for keeping busy? It’s gonna be a crazy lifestyle change for me . Got 38 yrs. carrying rural .
@clnelson321
@clnelson321 2 жыл бұрын
@@quarry64 Haven't got my packet yet. I got my last check with annual leave, though. It feels so weird being retired, but I'll get used to it.
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Great to hear!
@quarry64
@quarry64 2 жыл бұрын
@@PlanYourFederalBenefits Thankyou, you have helped me through the preparation of my TSP post retirement. I wish I was in Arizona. I could use a face to face consult .
@joseg2994
@joseg2994 Жыл бұрын
How does it work now your retired how much do you get a month?
@aaront936
@aaront936 2 жыл бұрын
Blinkens 4% rate was based on a portfolio between 50/50 and 75/25. He later came back and said the closer you can get to 75% the safer the 4% rate would be.
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Good point!
@bigc2688
@bigc2688 2 жыл бұрын
Thank you for this DH 👍 USPS LC here 📬 very helpful info 📈📉🔜💰💵🏦🛫🏝️😎
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Glad to hear it!
@PatentRob
@PatentRob 2 жыл бұрын
I have a problem with the TSP Board offering the annuity. Why? Isn't the annuity detrimental to my prospects in retirement? Why would anyone work extremely hard for a long period with his/her fingers crossed only to place his or her money in a annuity lock box? To each his/her own. Excellent video.
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Great points!
@mimarievega6804
@mimarievega6804 2 жыл бұрын
Thank you 🙏
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
You are very welcome!
@seankmath2214
@seankmath2214 2 жыл бұрын
Thanks
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Glad it is helpful!
@joelramirez6086
@joelramirez6086 2 жыл бұрын
I love your great information... hope to use all this valuable information when I'm ready to retire.. btw , is your clock on wall stuck on 10:10 ??
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Hey Joel, I am glad it is helpful. I didn't like the ticking so I just took the batteries out :)
@Kep19901
@Kep19901 2 жыл бұрын
Clocks/time pieces are on display at ten after ten to show the brand in the middle of the hands off.
@mrboombastic4664
@mrboombastic4664 2 жыл бұрын
Thank You.
@FlyFishingRealtor
@FlyFishingRealtor 2 жыл бұрын
USPS here also, question: I won’t have 30 yrs when I hit fra of 57, I will only be about 24 yrs of full time service so that means my first opportunity for full retirement is age 60 with 20+ yrs. If I choose to retire at 57 and take the 5% per year reduction, is that calculated from 60 or 62? My initial thought was it should be 60 because I’m eligible without reduced pension at that age but I’ve heard that isn’t how they calculate it.
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Hey Jen, Here is more info on that type of retirement: hawsfederaladvisors.com/mra10-retirement-the-ultimate-guide/
@briankuzak5881
@briankuzak5881 2 ай бұрын
WHAT IS YOUR THOUGHTS ON USE OF THE L-INCOME FUND ON TSP AFTER RETIRING AS YOU GET MONTHLY PAYMENTS
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 ай бұрын
Great question. It totally depends what you want in retirement. Sometimes is could be simpler to invest in the basic funds to keep track of your investments. Feel free to schedule an appointment with us to get personalized advice: app.hawsfederaladvisors.com/whatservicemakessense?_gl=1*1tux5fs*_ga*MjEyNjM2NDU1Ny4xNzE3NDM1OTAw*_ga_S1DEXGL1X8*MTcxOTMzNTQ1MS4yNi4wLjE3MTkzMzU0NTEuMC4wLjA.
@ljb6343
@ljb6343 Жыл бұрын
So does the USPS still contribute a percentage to a Roth TSP also or only to a traditional TSP? And don’t we want that 5% match from them?
@capritv3766
@capritv3766 Жыл бұрын
I'd just like to let you know how I really did appreciate all of your input! In addition, I happen to currently work for the USPS as well! With that said, is the USPS Federal Thrift Savings Plan really profitable in the long haul by me currently being enrolled in it).? Also, to what extent?
@PlanYourFederalBenefits
@PlanYourFederalBenefits Жыл бұрын
Thanks for watching! Feel free to submit your question here: app.hawsfederaladvisors.com/question-submission This is where we get topics for future videos.
@jasondraper1479
@jasondraper1479 2 жыл бұрын
😱. No annuity 🤮
@josephmcgee2263
@josephmcgee2263 2 жыл бұрын
Quick question are you allowed to have both the military pension and FERS pension ?
@StumpRider719
@StumpRider719 2 жыл бұрын
Yes
@mrtata5092
@mrtata5092 2 жыл бұрын
I’m 57 working 34 years for usps I’m ready to retire at 58 with $551000 dollars on my tsp.I’m thinking of annuity
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Check this out about the annuity: kzfaq.info/get/bejne/oNCbiammptObZYE.html&ab_channel=HawsFederalAdvisors
@kennethmoore427
@kennethmoore427 2 ай бұрын
Wouldn’t it make more sense to take that money you accumulated in the TSP and roll it over to a brokerage account? That way you can invest in dividend stocks and ETFs. You hold on to your balance plus gain capital appreciation while earning dividends
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 ай бұрын
That could work great for some people
@jasondraper1479
@jasondraper1479 2 жыл бұрын
Right about Roth tsp. Roll that puppy over....no rmd's !
@PlanYourFederalBenefits
@PlanYourFederalBenefits 2 жыл бұрын
Good point!
@ibkb777
@ibkb777 2 жыл бұрын
👍🏼
@windblowsone4475
@windblowsone4475 Жыл бұрын
Keep in mind that most current Postal employees do not have a pension they cut that out a long time ago now there is only the TSP and social security.
@isiah675
@isiah675 Жыл бұрын
That's not true at all
@soulseeker1651
@soulseeker1651 2 жыл бұрын
I can't wait. My start date is next month. TSP. Pension, Fers. Mmmmmmm. Give me that ot baby.
@jg9453
@jg9453 2 жыл бұрын
lol
@Hoy_phil
@Hoy_phil 2 ай бұрын
Rich while ur in retirement home 😂😂 being push around with money such a scam for making us retire at 65 or older n wont be able to touch that money until ur 70 biggest scam ever
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