Course Overview
This two day instructor-led course is designed for mid-career employees seeking to enhance their retirement outlook and develop a realistic retirement plan. The course provides a comprehensive understanding of how federal benefits contribute to meeting retirement goals. Participants will learn to create a retirement readiness index and develop a financial plan tailored to their retirement income needs. At the completion of this course, participants will be able to:
- Understand what financial planning involves and its key components
- Identify federal employee benefits and determine which support your financial goals
- Assess risk tolerance for building wealth
- Calculate Social Security benefits and potential earnings based on timing
- Understand annuity benefits, eligibility, and how they are calculated
- Learn how retirement options affect you and your survivors
- Incorporate FERS benefits into your overall retirement plan
- Determine Medicare eligibility and understand available coverage options
- Enroll in Medicare during the initial enrollment period
- Prepare a retirement readiness index and financial plan based on income needs
- Understand the Thrift Savings Plan (TSP) and contribution strategies
- Evaluate withdrawal methods to meet retirement goals
- Optimize contributions to TSP and FERS accounts for long-term growth
Schedule
Currently, there are no public classes scheduled. Please contact a LEXX LIVETraining Consultant to discuss hosting a private class at 301-258-8200.
Course Outline
Module 1: Financial Planning
Module 2: Retirement Benefits and Insurance Programs
Module 3: Social Security
Module 4: Federal Employees Retirement Systems (FERS)
Module 5: Medicare
Module 6: Thrift Savings Plan (TSP)
Module 7: Investing and Saving
Module 8: Mid-Career Financial Challenges
LEXX Live is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints re-garding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org
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