Federal Retirement Estate Planning Myths vs Facts: Accounts, Wills, and Inheritance
Key Takeaways:
Federal retirement account distributions generally follow official beneficiary designations, not just your will.
Most major federal benefits bypass probate, but specific cases require careful review of documentation.
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Pros and Cons of Coordinating Multiple Retirement Income Sources for Federal Employees
Key Takeaways:
Coordinating multiple federal retirement income sources can offer diversification and financial flexibility, but requires careful attention to rules and possible tax impacts.
Special provisions like WEP and GPO, as well as Medicar…
Medicare Premiums and TSP Withdrawals: How Retirement Income Affects Costs
Key Takeaways:
TSP withdrawals and most retirement income sources are counted in Medicare’s income calculation, potentially raising premiums for federal retirees.
Medicare premiums are determined by Modified Adjusted Gross Income (MAGI), with hi…
