Ed and Dan provide a thorough overview of OPM’s decision to grant federal agencies the authority to offer early retirement through Voluntary Early Retirement Authority (VERA). They discuss the eligibility requirements, benefits, and potential impact of this offer on federal employees. The episode covers how this could affect FERS annuities, TSP withdrawals, FEHB, FEGLI, survivor benefits, and more, while highlighting important considerations for those contemplating early retirement.
Check Out Our Next FERS Webinar for Federal Employees -
FedLife Podcast (ep. 137): Navigating Early Retirement with OPM’s New VERA Authority
Featured in this episode:
- What is a VERA, and who qualifies for it?
- Are there advantages to accepting a VERA offer?
- How does early retirement impact the FERS annuity calculation?
- What is the process for TSP withdrawals under VERA?
- How does VERA affect FEHB and FEGLI benefits for retirees?
- What happens to survivor benefits under VERA?
Source Article:
Like and Subscribe on YouTube at YouTube.com/FedLife
“Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Lee, Sipe & Associates, Inc. is not a registered broker/dealer and is independent of Raymond James. Content represents the opinions of the speaker and not necessarily those of Raymond James. Important Disclosure Information: http://raymondjames.com/smicd.htm.
