Federal Employees

Federal benefits are often confusing and complex. We show federal employees how proactive benefit decisions can positively affect their retirement and overall financial situation.

Federal employees are severely underserved when it comes to their financial planning. Fewer than 50% have calculated how much they need to save for a comfortable retirement, and less than 25% have ever worked with a financial professional.

Common concerns we address with Feds:

Through extensive training, our firm is well-versed in the particulars of these various federal benefit programs. Our guidance helps federal families make the most of these benefits—both while working and in retirement. Our goal is to always provide credible, top-notch financial planning services to our clients.

Analyze 8 federal benefit categories so you

can get a simplified view of what to focus on.

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VISIT OUR YOUTUBE CHANNEL

We are dedicated to educating federal employees on how to maximize value from your complex and often underutilized benefits. These videos go beyond talking about your benefits and provide practical suggestions on how to apply them in your everyday life. They simplify overwhelming topics by combining unbiased analysis of your amazing benefits with proven financial planning tactics.

27:20

Questions to Ask a Financial Advisor – Federal Employee Edition

There is a revolution trying to improve how people work with Financial Advisors. Unfortunately, many people still work with salespeople that are primarily focused on their own revenue. We know there is a better way. In this episode we will go over: - Discuss how to match your needs with the best advisor for you - Provide insight on the unique questions Federal Employees should ask - Share questions that match the changing times to help you get better results Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan. 0:47 Introduction 3:06 The Basics 8:01 Services 11:44 Qualifications 15:58 Fiduciary Status 17:09 Cost and Compensation 19:05 Investment Management 23:43 Technology 24:44 Why? 25:23 Research Them Thoroughly DOWNLOAD THE LIST OF QUESTIONS Valor Wealth Partners’ List of Questions to ask Financial Advisors: https://www.valorwealthpartners.com/our-services Resources: Check out Your Financial Professional at SEC: https://www.investor.gov/introduction-investing/getting-started/working-investment-professional/check-out-your-investment BrokerCheck on FINRA: https://brokercheck.finra.org/ Certified Financial Planner Website: https://www.cfp.net/ NAPFA – The National Association of Personal Financial Advisors Website: https://www.napfa.org/ CFP - 10 Questions to Ask Your Financial Advisor: https://www.letsmakeaplan.org/choosing-a-planner/10-questions-to-ask-your-financial-advisor NerdWallet - 10 Questions to Ask a Financial Advisor: https://www.nerdwallet.com/article/investing/10-questions-ask-financial-advisor Investopedia - 10 Key Questions to ask Your Financial Advisor: https://www.investopedia.com/articles/investing/050416/6-key-questions-ask-your-financial-advisor-2016.asp Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: https://fedimpact.com/VWP Federal Benefit Resources: https://www.opm.gov/ https://www.tsp.gov/ https://www.myfederalretirement.com/category/podcasts/ https://www.myfederalretirement.com/ https://www.fedsmith.com/ Would you like to know more? https://www.valorwealthpartners.com/ https://www.linkedin.com/in/smithec/ https://www.linkedin.com/company/valor-wealth-partners https://www.facebook.com/ValorWealthPartners

05:18

FEGLI - Early to Mid Career - Ep 2 0f 3

Federal Employee Group Life Insurance, otherwise known as FEGLI, is a set of complex life insurance plans offered to federal employees while in service and in retirement. It provides financial coverage if something catastrophic were to happen to you. As you proceed from newly employed by the Federal government to mid-career and then closer to retirement the value and complexity of these benefits change. Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan. In this episode, we will chat about o How to think about FEGLI as you progress in life. o Provide a profile of early and mid-career employees and how they consider insurance options. o If you are not familiar with FEGLI, please watch the 1st episode in this series. Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: https://fedimpact.com/VWP Federal Benefit Resources: https://www.opm.gov/ https://www.tsp.gov/ https://www.myfederalretirement.com/category/podcasts/ https://www.myfederalretirement.com/ https://www.fedsmith.com/ Would you like to know more? https://www.valorwealthpartners.com/ https://www.linkedin.com/in/smithec/ https://www.linkedin.com/company/valor-wealth-partners https://www.facebook.com/ValorWealthPartners

22:27

Year End Tax Planning for Federal Employees

Because of the incredible benefits Federal Employees have, they need to be more vigilant than most about long-term tax planning. We focus on 2 federal benefits during this video. Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize the value from their government benefits by developing and executing a financial plan. In this episode we: • Educate on the most impactful tax strategies for Feds. • Provide examples of how federal employees use tax planning to their advantage. • List action items to maximize these tax strategies. 0:00 Intro 0:42 Long-term tax planning defined 3:44 4 types of accounts based on taxation 7:00 FEHB tax benefits 11:33 TSP tax benefits Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: https://fedimpact.com/VWP Federal Benefit Resources: https://www.opm.gov/ https://www.tsp.gov/ https://www.myfederalretirement.com/category/podcasts/ https://www.myfederalretirement.com/ https://www.fedsmith.com/ Would you like to know more? https://www.valorwealthpartners.com/ https://www.linkedin.com/in/smithec/ https://www.linkedin.com/company/valor-wealth-partners https://www.facebook.com/ValorWealthPartners

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We are proud to partner with ProFeds to serve you better

Because of the complexities of federal benefits, we work with the team at ProFeds to keep us up-to-date on your changing benefits. ProFeds is a nationwide support structure for financial professionals serving federal employees. The ProFeds team provides tailored training to financial professionals on the unique complexities of federal benefits to help them provide credible, educational financial planning services to their federal clients. ProFeds is proud to be a federal contractor and make this workshop available free‐of‐charge to federal agencies exclusively through financial professionals in the nationwide ProFeds network.

ProFeds has developed unique workshops helping federal employees apply what they are learning in the classroom to their own situation. Instead of teaching at a very technical level regarding the benefit rules, they aim to educate employees to know the financial impact of retirement and benefit decisions, and to make those decisions carefully based on sound information.

During the Workshop

While federal benefits are often confusing and difficult to interpret, ProFeds is able to break down complex concepts into easy‐to‐understand language to show employees how proactive benefit decisions can positively affect their overall financial situation.

Following the Workshop

Valor Wealth Partners offers each employee an opportunity to meet, to review their specific situation and develop a personalized Federal Benefits Analysis together. This analysis helps to demonstrate the value of their benefits and identify key decisions to be made as they move closer to retirement. This benefits review is offered at no cost and no-obligation to the agency or employee.