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Tammy Flanagan

Tammy Flanagan has spent 30 years helping federal employees take charge of their retirement by understanding their benefits. She runs her own consulting business at www.retirefederal.com and provides individual counseling as well as online training for the National Active and Retired Federal Employees Association, Plan Your Federal Retirement and the Federal Long Term Care insurance Program. She also serves as the senior benefits director for the National Institute of Transition Planning Inc., which conducts federal retirement planning workshops and seminars.

For more retirement planning help, tune in to "For Your Benefit," presented by the National Institute of Transition Planning Inc. live on Federal News Radio on Mondays at 10 a.m. ET on WFED AM 1500 in the Washington-metro area. Archived shows are available on NITPInc.com.

Results 1-10 of 624

Retired, But Still Working

August 9, 2018 An essential part of retirement readiness is planning for your life after retirement. Many of my friends and associates are making this transition and I’m beginning to see a pattern. There are those who jump into retirement headfirst, like my husband. He adjusted naturally to life without an alarm clock,...

Here’s the Good News

August 2, 2018 One of the things I love about my job of helping federal employees understand their retirement benefits is that I mostly provide good news—and when the news isn’t great, there’s generally a reasonable solution to make it better. Most federal employees I talk to end up pleasantly surprised about their...

What Does That Word Mean?

July 26, 2018 How to do you ask for a drink at a restaurant? Do you order soda, pop, a soft drink, or a Coke? In some parts of the country, a request for a Coke is interpreted as simply asking for a carbonated beverage, not necessarily Coca-Cola. That can be confusing. The...

More Things To Consider When Making Your Annuity Election

July 19, 2018 Last week, we covered “13 Things to Know About Your Annuity Options,” which outlined some of the choices federal employees have to make when electing Civil Service Retirement System or Federal Employees Retirement System benefits. Those include spousal survivor benefit elections for maximum or partial survivor annuity; no survivor benefit...

13 Things to Know About Your Annuity Options

July 12, 2018 There are some very important factors to consider about your survivor annuity election that you need to understand by the time you file your application for Civil Service Retirement System or Federal Employees Retirement System benefits. Since this work week ends with Friday the 13th, I thought I would tell...

A Healthy Tax Advantage

July 5, 2018 Many federal employees are saving money on their taxes by making smart choices among their Federal Employees Health Benefits Program options. These choices include taking advantage of premium conversion benefits, in which health insurance premiums are deducted on a pre-tax basis, and participating in the flexible spending account program. (These...

Watch Out For TSP Tax Penalties

June 28, 2018 A few weeks ago, we looked at the issue of paying taxes on your retirement income. This week, our topic will be avoiding tax penalties. In life, if you break the rules, you can expect some sort of penalty. For example, if you drive on a highway at a speed...

It’s Not Just About the Money

June 21, 2018 What is wellness and what does it have to do with retirement planning? That’s what I wondered when I heard the topic of the For Your Benefit radio program that I was asked to co-host earlier this week. Once I understood the definition, it makes perfect sense. As my dad...

Retirement Facts: A True-False Quiz

June 14, 2018 Over the years, I’ve conducted more than 3,000 retirement planning seminars. That’s a lot of talking. Teaching is very rewarding for me. It doesn’t matter if it’s an auditorium of 500 people or a consultation with one employee, the best part is when you see the “ah-ha” moment of understanding...

Avoiding Tax Pitfalls

June 7, 2018 Will Rogers once said, “The difference between death and taxes is death doesn’t get worse every time Congress meets.” Many people today would probably still agree with this sentiment. The obligation to pay taxes doesn’t end when your federal career ends. Federal retirees generally have to pay federal and sometimes...