Download this Free Guide If you recently received an email from the Office of Personnel Management (OPM) regarding the opportunity for a buyout,option for Voluntary Early Retirement (VERA), or Deferred Retirement, you may be overwhelmed by the choices ahead. It's Sheila here—your Dollar-Strategies coach, a former civil servant with three decades of experience and now a two-year federal retiree. And I want to share my insights on how to make informed financial decisions regarding these options before the February 6, 2025 deadline.

This guide will help you evaluate your current financial situation, understand your rights pre and post-deadline, and calculate your severance pay. It will also assist you in planning for your annual leave and considering future employment options. Learn how to manage your Thrift Savings Plan (TSP) optimally and understand the age and service considerations for deferred annuities. Empower yourself with the knowledge to make informed decisions!

What information you'll get: 

1. Financial Evaluation: Understand your financial landscape to make informed decisions and prevent hasty choices.

2. Rights Awareness: Familiarize yourself with termination and severance policies to safeguard your interests.

3. Severance Pay Calculation: Learn how to calculate your severance pay based on your length of service.

4. Annual Leave Planning: Factor in your annual leave lump sum payment into your overall financial planning.

5.Exploring Future Career Paths: Gain insights on how to navigate your finances post buyout.

6. Thrift Savings Plan Management: Decide whether to keep your TSP as is or roll it over to an IRA for optimal retirement savings.

7. Deferred Annuities: Understand your eligibility for a deferred annuity to make informed decisions about your retirement.