Register Now! Click on the class date of your choice for registration information: Atlanta, GA 9/20/2010-9/22/2010 (4903-1012-CSRS) 9/20/2010-9/22/2010 (4903-1012-FERS) Huntsville, AL 11/30/2010-12/2/2010 (4903-1014-CSRS) 11/30/2010-12/2/2010 (4903-1014-FERS) Vienna, VA 12/6/2010-12/8/2010 (4903-1011-CSRS) 12/6/2010-12/8/2010 (4903-1011-FERS) Virginia Beach, VA 10/18/2010-10/20/2010 (4903-1013-CSRS) 10/18/2010-10/20/2010 (4903-1013-FERS) Washington, DC 9/13/2010-9/15/2010 (4903-1008-CSRS) 9/13/2010-9/15/2010 (4903-1008-FERS) 11/3/2010-11/5/2010 (4903-1010-CSRS) 11/3/2010-11/5/2010 (4903-1010-FERS) Course Details PRICE: 675.00 LENGTH: 3 days FIELD OF STUDY: N/A

Management Concepts and the National Institute of Transition Planning (NITP) have joined forces to provide Federal employees the most comprehensive and up-to-date retirement planning seminars available.

WHO SHOULD ATTEND:

Federal government employees within 10 years of their retirement eligibility date who are interested in retirement planning and making informed decisions about it.

When selecting the class, please choose the benefit system that is right for you – designated –FERS or –CSRS after the Class ID number.

YOU WILL BE ABLE TO:

• Plan a smooth transition into retirement
• Consider steps necessary for planning for retirement
• Determine most appropriate Federal benefits options and best dates to retire
• Address Thrift Savings Plan (TSP) withdrawal concerns
• Understand Social Security eligibility and survivor benefits
• Get answers to financial and tax planning questions
• Begin estate planning
• Understand the psychological aspects of retirement

TOPICS COVERED:

The seminar is divided on Day 1 into separate Federal Employees Retirement System (FERS) and Civil Service Retirement System (CSRS) classes. The groups are combined on Days 2 and 3 to cover the remaining topics.

Day 1
Federal Retirement Benefits, Insurances, Medicare and Social Security Benefits

• General understanding of the Federal retirement programs
• Explore the topic of how service is credited in the retirement computation
• Consider the “what ifs” of early retirement, discontinued service, disability, and resignation
• Selecting a good retirement date
• Simple calculations that can be completed without a computer or a degree in math
• Survivor benefit election considerations
• Timing the retirement application and what can be expected after retirement
• Federal Employees’ Group Life Insurance and Health Benefits coverage
• Why do we need Medicare?
• Social Security qualifications and what you can expect to receive
• Spousal and survivor’s benefits under Social Security

Day 2
Financial and Income Tax Planning and Long Term Care

• Investment strategies for retirement planning
• Developing and enhancing investment plans
• Tax planning issues
• TSP and IRA distributions
• TSP strategies
• What are the fund choices?
• Tax changes after retirement
• Sale of principal residence
• What can be done to minimize taxes?
• Computing the ‘tax free’ portion of your retirement benefit
• Pros and cons of paying down a mortgage
• Can you afford to retire?

Day 3
Estate Planning (am session)

• Where there’s a will, there’s a way
• Using trusts in estate planning
• How to avoid probate
• Understanding estate and gift taxes
• Planning for long-term care
• Spouse equity and court-ordered benefits

Transition Retirement (pm session)

• Second career choices
• Life after retirement
• Health concerns
• Volunteer work, part-time work
• Should I move?
• The ‘Fun Factor’

LEARNING METHODS: Presentations and Discussions

Click here for additional information

If you have any questions, please call 703.270.4147 or email retirementplanning@managementconcepts.com