Mid-Career

Invest now for a secure future. Don’t procrastinate! It will be hard to catch up . 

Maximize contributions to your retirement savings so they can grow before you need them. This course provides interactive, self-paced, training in the Thrift Savings Plan (TSP), retirement, and financial planning.

Develop a Personal Financial Plan guided by Debbie Mason, a CERTIFIED FINANCIAL PLANNERTM professional. Estimate your Federal retirement and describe other income sources and savings. Calculate potential savings growth to see if you need to save more or if you need to change your investments.

Learn about risks and returns of cash, bonds, stocks, and international investments and their related TSP funds (G, F, C, S, and I). Learn how to balance risk and return and how to choose investments for short-, intermediate-, and long-term goals. Evaluate the TSP L funds and rollover options to and from the TSP. Compare benefits of tax-saving accounts (e.g., TSP, IRAs, TSP Roth 401(k) coming in 2012) and learn about Roth IRA conversion options.

Duration: Approximately 6 Hours (self-paced)

Prerequisites: None

This course is for employees in the Federal Employees Retirement System (FERS): Employees hired after January 1, 1987, OR those who switched from CSRS to FERS.

This course is for employees in the Special Federal Employees Retirement System (FERS Special): FERS Employees are those hired after January 1, 1987, OR those who switched from CSRS to FERS. Special FERS employees include Firefighters, Law Enforcement Officers, Air Traffic Controllers, Military Reserve Technicians, members of Congress, and Congressional employees.

For military members in High – 3 Average Retirement System (High-3).

For Members of the Military who first entered Service on or after September 8, 1980, and before August 1, 1986; or who first entered Service after August 1, 1986, and chose to revert to the High-3 retirement plan by not accepting the Career Status Bonus.

For military members in CSB/Redux Retirement System (CSB/Redux).

For Members who first entered Service after August 1, 1986, and chose to receive a $30,000 Career Status Bonus at 15 years.