On March 18, 2023, PSR Assurance proudly participated in a significant event held at the NALC Union, focusing on the financial strategies for retirement. This informative session was specifically designed to assist Federal Government Employees and Veterans in the United States and Puerto Rico in navigating their post-retirement financial planning.
The leaders of PSR Assurance provided in-depth discussions on a range of crucial benefits and financial tools, including:
- Thrift Savings Plan (TSP): Detailed explanations of how the TSP works, its various funds, and strategies for maximizing returns.
- Service Connect: Guidance on leveraging service-connected benefits for optimal financial support.
- Federal Employees’ Group Life Insurance (FEGLI): Insights into life insurance options and coverage for federal employees.
- Office of Personnel Management (OPM): Assistance in understanding and managing benefits administered by the OPM.
- Individual Retirement Accounts (IRA’s): Comprehensive advice on IRA options and their role in retirement planning.
- Annuities: Exploration of annuity options to ensure a steady income stream during retirement.
PSR Assurance leaders emphasized the importance of these benefits and how they collectively contribute to maximizing money accumulation and ensuring a secure retirement. Attendees were provided with detailed information on the mechanisms of these savings plans and other benefits, encouraging them to make informed decisions for their financial future.
In addition to the insightful presentations, PSR Assurance offers ongoing support and guidance through their physical offices located in the United States and Puerto Rico. They are dedicated to assisting Federal Government Departments and associated trade unions, providing comprehensive support to enhance the financial well-being of their workforce.
