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Podcast: Retire Today
Episode: How to Maximize FERS in 2024 (Federal Employee Retirement System)
Description: Understanding the options available to civil servants entering retirement under FERS.
If you’re one of the 2 million people in the federal workforce, this post is designed to help you make the most of your retirement plan by understanding the Federal Employee Retirement System (FERS). As we head toward the end of the fiscal year, it’s a great time to revisit how FERS works and how you can maximize your benefits.
Breaking Down FERS: The Three Key Components
Before we dive into the details, let’s recap the basic structure of FERS. There...