Federal Benefit Services was founded to serve the federal employee. When we were first exposed to the federal market, we could not believe the number of people who had worked for the government for 10, 15 or even 30 years and still did not know anything about their benefits.
Everyone knows a government job is a good job. It has been that way for a long time and it will stay that way with uncertainty in the economy. One unfortunate aspect of working for the government is that many employees have a hard time finding or getting straight answers on their benefits.
Federal employees have to deal with a number of cumbersome issues that can have a major impact on their families. Just a few of the issues Federal employees must understand and consider:
- Federal Employees Group Life Insurance: What coverage do they have, and what will it change to as they move through their career. This coverage increases 300% over your career.
- Civil Service Retirement System: What will your pension check be? What will Social Security be for you (it will be different than with FERS). How much of a survivor benefit should you elect for your spouse?
- Federal Employees Retirement System: When they changed the system, what did it mean to the employee? How much should an employee be contributing to the TSP? When can they retire and how much can they count on from the government?
- Thrift Savings Plan: What are the funds in the TSP, and how do you determine which one would be best for you? How do you change the funds if you want to change? How much of your TSP contributions are matched by the government?
- Taxes: What are the tax implications of putting all of your retirement funds into the TSP? What do you do with your TSP when you retire to make sure it lasts as long as possible?
- Retirement Paperwork: When you decide to retire, do you know how to fill out the 21 page document that OPM requires and what if you make a mistake?
All of these are areas in which we are trained and capable of helping you make the right decision. You should not have to navigate issues such as these by yourself and doing so could cause serious problems for you and your family.
Just like you need an accountant to do your taxes, and an attorney to handle your legal matters; a Federal employee needs Federal Benefit Services to help them navigate and get the most out of their benefits.
If you would like more information on Federal Benefit Services or how we can help you, go to the “Contact Us” page in the upper right hand corner of this page and you will be directed to a form you can complete. Once we receive the form we will be happy to contact you at our earliest convenience.
Copyright 2008 All Rights Reserved.
About Us
Federal Benefit Services exists for the Federal/Postal Employee. Everything we do is aimed at helping Federal employees understand their benefits in a way that they can make confident choices about what’s best for them and their families.
Ph: 888-561-2128
Fax: 314-754-9770