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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 11-20 of 630

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...

The Benefit That Already Can Be Cut

May 31, 2018 If you’re covered under the Federal Employees Retirement System and are potentially eligible to receive the FERS Annuity Supplement, you may have heard that proposals are circulating to eliminate it. But even if that doesn’t happen, you should be aware that the supplement can be reduced or eliminated if you...

The Benefits of Retirement Counseling

May 24, 2018 I recently received an email from an employee that highlights a key issue: the loss of the personal contact that used to be the norm for retirement counseling in most federal agencies. Starting in the 1990s, the consolidation and centralization of retirement services and pre-retirement counseling has become ever more...

Are You Ready to Spend Your Retirement Savings?

May 17, 2018 Have you started to think about how you’re going to use your Thrift Savings Plan investments once you retire from federal service? Are you already retired? If you’re among the many people who have accumulated a small fortune, what are you going to do with it? Many federal employees have...

Change is Coming to Health Plans

May 10, 2018 News about changes to retirement and insurance benefits always gets the attention of employees who are planning to retire as well as those who already have. Sometimes the news is good, sometimes not. There’s already news about the 2018 insurance open season that is causing some buzz, even though open...