Understanding CSRS & FERS Federal Benefits
According to a recent report from the Office Of Personal Management*, 6% of the Federal workforce is ready to retire this year and 14% are ready to retire within the next 3 years. Depending on their hire date, they participate in one of two retirement systems: the Civil Service Retirement System (CSRS) or the Federal Employees Retirement System (FERS).
For many Federal workers, it’s a challenge to understand the exceptions, provisions and exclusions of each system when planning their retirement.
We’ve developed this Free Report to provide a basic overview of each system to help you tap into this growing market.
Complete and submit this form today to learn about:
- The Civil Service Retirement System (CSRS) and how it works.
- The Federal Employees Retirement System (FERS) and how it works.
- The Thrift Savings Plan (TSP) that provides tax advantages similar to a 401(k).
*According to the OPM FEVS 2018 Report
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