Wading through the federal benefits program

Tammy Flanagan with the National Institute of Transition Planning joins host Mike Causey on this week's Your Turn to discuss Uncle Sam's alphabet-soup federal b...


(This show originally aired on March 15, 2017)

Part of being a federal worker is both surviving and thriving in Uncle Sam’s nearly one dozen alphabet-soup benefit programs.

CSRS, FERS, SSA, TSP, FEHBP, FEGLI, FLTCIP, FSAFEDS or FEDVIP. Even regular watchers of the big bucks Jeopardy quiz show would likely stumble on a couple of them. Unless they hang around with Tammy Flanagan. She writes a column for Government Executive, works with the National Institute of Transition Planning  and knows the federal benefits program like nobody else.

The government has several retirement programs. It has its own 401(k) plan. Then there is life insurance, long-term care insurance and more.  So what do they do? How much do they cost? What are your odds of ever needing at least one of them? And how do you know?

Today we find out. Flanagan is going to be our guest on our Your Turn radio show.  She will talk about all the programs and give you specific tips on which ones are a must for you. And as a bonus, she’ll talk about the best date (or dates, because there is more than one) to retire in 2017.

The show is at 10 a.m. EDT on 1500 am in the Washington D.C. area. And if you are stuck at home telecommuting or at the office, you can listen here on our website.

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