You Got Fired—Now What? Real Strategies for Federal Employees

Описание: You don’t need to work longer; you just need a better plan. Schedule a peace of mind visit for your retirement planning with this link: https://calendly.com/charlesdzama/com...

"Sometimes in the middle of tragedy, there's opportunity. A door is opening—you just have to walk through it."

In this episode of the CD Financial Podcast, Marcus and Chuck D break down what happens when you're impacted by a RIF (Reduction in Force) or DSR (Discontinued Service Retirement). If you've been laid off or let go from your federal position, don't panic—get informed. Understand your pension rights, supplement eligibility, and strategies to bridge the gap to age 62. We also offer practical advice on post-retirement job options, how to buffer against inflation, and tips to stay healthy and resilient through transitions.

Chapters
0:00 - Podcast Introduction
0:40 - What is a RIF? What is DSR?
1:50 - Eligibility for Early Retirement under RIF
5:00 - The Good News: Unpenalized Pensions
6:27 - The Bad News: No COLA until 62
7:14 - Inflation’s Long-Term Impact on Pensions
11:00 - Part-Time Work to Make Up the Difference
12:00 - IRA and 401(k) Options After RIF
13:23 - Companies That Offer Retirement-Friendly Benefits
15:15 - When Your Supplement Should Kick In
25:00 - Health Tip: Nourish Your Body, Don’t Just Count Calories

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Advisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company.
Opinions expressed herein are solely those of CD Financial and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation.