Dan and Katelyn share essential retirement planning tips for millennials, emphasizing the importance of starting early. They also tackle the potential return of Schedule F, addressing the anxiety it may be causing for federal employees, and provide practical guidance and best practices to navigate the situation with confidence.
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The Fed15 Podcast: Millennial Federal Retirement Strategies & the Possible Return of Schedule F
Katelyn presents an essential guide to federal retirement for millennial employees, emphasizing the importance of early planning. She begins by addressing the financial challenges millennials face and how these hurdles can impact retirement strategies. Katelyn explores various retirement options, focusing particularly on the Federal Employees Retirement System (FERS) and its key advantages. She also delves into effective strategies for leveraging the Thrift Savings Plan (TSP) and maximizing benefits to ensure a financially secure and successful retirement.
Dan discusses the return of Schedule F, covering its origins and intended purpose. He explores the likelihood of the incoming administration reinstating it and the potential impacts if successful. Dan offers guidance for federal employees, stressing the importance of asking questions, staying informed through reliable news sources, and understanding where they stand in the retirement process. He also shares best practices to navigate the situation effectively.
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