GRB Seminars & Courses

Planning for Retirement Seminar for Special Group Employees

Seminar Highlights and Objectives

The Planning for Retirement seminar for Special Group Employees (Law Enforcement Officers, Firefighters, Air Traffic Controllers, Congressional Employees) may be held as a 1-day or 2-day seminar. The seminar can also be designed to focus only on CSRS/CSRS Offset employees or FERS employees.

The first day of GRB's Planning for Retirement Seminar for Special Group Employees provides participants with a detailed understanding of the benefits they are entitled to under the Civil Service Retirement System (CSRS) and/or the Federal Employees Retirement System (FERS), Social Security, Medicare, the Thrift Savings Plan (TSP), the Federal Employees Health Benefits program (FEHB), Long Term Care Insurance, the Federal Employees' Group Life Insurance program (FEGLI), and the Flexible Spending Account program.

The second day of the seminar is devoted to financial planning topics. These topics include insurance planning, tax planning, investment planning, and estate planning.

Who Should Attend

The seminar focuses on special group employees who are approximately within 5 years of retirement.

Seminar Dates and Locations

This seminar is offered by GRB for on-site presentation at your agency. GRB can design or tailor seminars to meet your unique needs. If you do not have a sufficient number of employees at your agency to justify on-site training, you may wish to sponsor on-site training for other Federal employees in your geographic area.

For further information send email to:

AGENDA (Day One)

CSRS/FERS Retirement Benefits

Eligibility for Retirement
Computation of Annuityv
Determining High-3
Survivor Benefits
Creditable Service
Deposits/Redeposits
Military Deposits
Cost-of-Living Adjustments
Processing of Your Retirement
Withholdings and Taxation

Social Security

Taxes
Eligibility Requirements
Description of Benefits
Government Pension Offset
Computation of Benefits
Windfall Elimination Provision
Survivor Benefits
Earnings Limitation
Taxability

Thrift Savings Plan

Employee/Employer Contributions
Tax Status of Contributions
Investment Options/Considerations
Open Season Elections/Interfund Transfers
Loan Program
Payout Options/Tax Consequences
Death Benefits

Federal Employees’ Group Life Insurance

Program Types and Amount of Insurance
Continuing Into Retirement
Payment/Beneficiaries

Federal Employees Health Benefits Program

Program Advantages
Continuing Coverage Into Retirement
Continued Coverage for Survivors

Federal Employees Dental and Vision Insurance Program

Program Features
Coverage in Retirement
Impact of New Medicare Changes

Medicare

Description of Coverage
Coordination with FEHB
When to Apply
Impact of new Medicare changes

Long Term Care Insurance

What is Long Term Care Insurance
Who can enroll and when
Benefit options
Determining cost
Eligibility for benefits
Agency responsibilities

Flexible Spending Accounts

Advantages
Amount of contributions
Health care/Dependent care
What is a qualifying status change
"Use or Lose"
Annual open season
Agency responsibilities

AGENDA (Day Two)
Financial Planning

Introduction

Can I Afford to Retire
Income/Expenses
Traps to Avoid

Savings & Money Management

Saving vs. Investing
Savings Acounts
Emergency Fund
Debt Management

Process Of Financial Planning

Inventory Assets/Liabilityt
Income/Expenses
Financial Goals
Implement the Plan
Financial Planners

Investment Planning

The Investment Process
Understanding Risk
Diversification
Asset Allocation
Types of Investments

Investment Stratagies

Dversification
Asset Allocation
Rebalancing
Dollar Cost Averaging

Investment Options

The Investment Proccess
Understanding Risk
Diversification
Asset Allocation
Types Of Investments

Tax Planning

Determining your tax bracket
Efective vs. Marginal Rates
Capital Gaines Tax Rates
Educational Savings

Estate Planning

Basic Documents in Estate Plan
Wills
Trusts
Living Wills/Durable Power Of Attorney
Estates/Gift Taxes