15 Questions Every Federal Employee Should Ask Before Retirement

What is life’s most important question?

Hmmm… it’s not so easy to come up with, is it?

It’s a difficult question, and your answer will most likely differ from someone else. But think about it. Of all the questions in the world, what would top your list?

Writer Gary Cruse once said:

The number one question is, “Why?”

The number two question is, “What’s for supper?”

The number three question is, “Who’s going to pay for all this?”

The Power Of Questions

Questions carry power.

The right ones can heal relationships, cure diseases, and direct the trajectory of your life.

Likewise, you need to know WHAT to ask if you’re considering retirement as a federal employee.

Questions To Ask Before Retiring As A Federal Employee

Here are the 15 most important questions to ask before you make the retirement plunge:

1. Do you know when you can retire without penalty?

2. Do you have a plan to reduce debt before retirement?

3. Do you know the best retirement month for a federal employee?

4. Are you prepared with an emergency fund for your retirement transition?

5. Do you have updated beneficiary information, wills, and estate planning documents?

6. What is your age 62 social security benefit?

7. Do you know your creditable service years?

8. Have you kept track of your accrued leave time?

9. Have you prepared for the interim-pay period that follows retirement?

10. Do you have Special Retirement Supplement eligibility?

11. Have you made your military service time deposit?

12. How is your TSP account balance distributed between the various funds?

13. Do you have the right coverage for Federal Employee Group Life Insurance and long-term care planning?

14. Do you understand how your unused annual leave is considered at separation?

15. Have you been enrolled in FEHBP at least five years before retirement?

We Help You Find The Answers

It’s critical to know the answers to the above questions, but maybe you're stumped. That’s okay, we can help you find the answers.

At Retirement Systems Solutions, our priority is to maximize and protect your retirement benefits.

As a federal employee, you possess a complex and unique set of benefits. But there’s no reason to worry. We’ll assist you with preparing for your future with confidence.

The first step is simple — simply click below for your free benefits analysis.