Federal Employees Retirement & Benefits Podcast by CD Financial

← Federal Employees Retirement & Benefits Podcast by CD Financial21. Aug. · 14 Min.

$3,000 FERS Pension, $1,259 Received: Here's Where The Rest Goes

$3,000 FERS Pension, $1,259 Received: Here's Where The Rest Goes21. Aug.14 Min.

Your FERS pension estimate says one number — but what actually lands in your bank account is a different one. Charles and Marcus walk a real $3,000 FERS pension through the survivor benefit election, FEHB premiums, and taxes to show exactly where the money goes before you ever see it, landing on a real net number of $1,259. Chapters: 0:00 The $3,000 Pension Gap 0:28 Welcome to the Podcast 1:19 Why Your Pension Estimate Is Misleading 1:47 The $3,000 Example Begins 3:19 Deduction 1: Survivor Be...