TSP Match
Failing to maximize the government’s TSP match is like leaving free retirement money on the table.

Delaying Contributions
Waiting too long to start contributing to the TSP drastically reduces retirement savings potential.

Neglecting FEHB
Opting out of FEHB during retirement can lead to significant healthcare costs and limited options later.

Misunderstanding FERS
Not fully understanding the FERS pension system can lead to missed benefits and incorrect retirement planning.

Survivor Benefit
Failing to elect survivor benefits can leave a spouse without income upon the federal employee’s death.

Retirement Date
Choosing the wrong retirement date can result in lost benefits and lower income.

Catch-Up Contributions
Failing to make catch-up contributions after age 50 means missing out on significant tax-deferred savings.

Healthcare Costs
Not planning for post-retirement healthcare expenses can drain retirement savings quickly.

Inflation
Ignoring inflation risks reduces the real value of retirement income over time.