On May 8th, the United States Department of Justice’s US Attorney Office hosted a vital seminar led by PSR Assurance leaders. The event was dedicated to discussing and providing guidance on a range of benefits available to Federal Government Employees and Veterans in the United States and Puerto Rico. The primary focus was on optimizing retirement savings and understanding various financial mechanisms designed to maximize retirement benefits.
The seminar covered several key areas, including:
1.Thrift Savings Plan (TSP): Attendees received in-depth information on how the TSP works, the different funds available, and strategies for maximizing contributions and growth.
2.Service Connect: Guidance was provided on connecting various services that enhance the overall benefits package for employees and veterans.
3.Federal Employees’ Group Life Insurance (FEGLI): Detailed explanations of FEGLI options, coverage, and how to make the most of this important benefit.
4.Office of Personnel Management (OPM) Retirement Process (Form 3107): A step-by-step walkthrough of the OPM retirement process, ensuring that participants understand how to complete Form 3107 accurately and efficiently.
5.Individual Retirement Accounts (IRA’s) and Annuities: Expert advice on integrating IRAs and annuities into a comprehensive retirement plan to ensure long-term financial stability.
In addition to these topics, the seminar provided valuable insights into the overall savings mechanisms and benefits available to federal employees and veterans. The aim was to equip attendees with the knowledge needed to maximize their retirement savings and financial security.
PSR Assurance also offers ongoing support and assistance to federal government departments and associated trade unions in the United States and Puerto Rico. They encourage participation in the PSR Newsletter to stay informed about all benefits and services available.
For more detailed information and personalized assistance, attendees were invited to visit PSR Assurance’s physical offices located in the United States and Puerto Rico.
This seminar was an invaluable opportunity for federal employees and veterans to gain a comprehensive understanding of the benefits available to them and to receive expert guidance on how to maximize their financial future.
