Benchmark Financial Group Blog

From your three-tiered retirement system to your Federal Employee Health Benefits (FEHB), you’re lucky to enjoy one of the most comprehensive benefits systems in the country. And, unlike many private sector workers, you can actually take your FEHB with you when you retire. So, why do many federal employees decide to keep their health benefits...

It’s that time of year again! Millions of taxpayers will receive their refunds, and retailers are running tempting sales. It’s tempting to rush out and shop for a long-desired item… But what if you put that money to work for you? It’s your money, after all. You should do with it as you please. But while a windfall can feel exciting, ask yourself...

As a federal employee, your future retirement income will be based upon your annuity payments, withdrawals from your Thrift Savings Plan, and Social Security benefits. It makes sense to max out your potential retirement income by stashing as much as possible in your Thrift Savings Plan, and working enough years to qualify for your best possible...

Just one or two generations ago, the average person retired around age 60, lived a few more years into retirement, and then passed away after enjoying a typical lifespan. Today, however, our fifties are no longer considered “old”! And our lifespans have grown longer than ever, with many of us living into our eighties and nineties. Because of...

For many of us, retirement represents the end of many years of meticulous financial planning. You’ve anticipated your needs, prepared for them, worked hard throughout your career, and now you want to relax. If your main debts are paid off, such as your mortgage and even cars, you might feel tempted to “relax” a bit too much. Keep in mind that...