Federal Employee Survivor Benefits Explained | Financial Advisor | Christy Capital Management

#survivorbenefits
Before a federal employee retires, they need to determine how much money they will leave a surviving spouse in the event of the employee's death. There are 3 options for survivor annuity. Before making an option, consider your and your spouse's overall income needs in your retirement planning.
NOTE: Retirement Benefits Institute is now Christy Capital Management: See our latest federal-focused articles and resources at christycapital.com/federal
#FERSretirement #FederalRetirement Christy Capital Management has helped thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at christycapital.com/federal to get support.
The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters. RBI is not a broker-dealer, investment advisory firm, insurance company, or agency and does not provide investment or insurance-related advice or recommendations. Brandon Christy, President of RBI, is also president of Christy Capital Management, Inc. (CCM), a registered investment advisor.

[@abq5525]

Thank you 🙏 I was about to make a mistake by selecting “NO” survival benefits. I want my wife to have the option of medical insurance, and by selecting “NO” she would not be able to. Thanks again!

[@ChristyCapitalManagement]

Making the right choice about your federal retirement benefits can be difficult. As you saw, it's important to do the research. Glad we could help!

[@cassies6037]

If the surviving spouse/beneficiary dies do the deceased employee adult children qualify For the survivors benefits

[@Mariko479]

Is this the same as OPM. I received a letter from them but I can’t figure out if I should trust that company. OPM is not giving me answers either

[@elisagerena2740]

What about Max survival Benefit?

[@ChristyCapitalManagement]

CSRS has a maximum survivor benefit of 55% of your unreduced annual benefit. FERS has a maximum survivor benefit of 50%.

[@thedude3878]

Hello, I have a disabled child who is unable to care for himself. Would he be able to receive my survivor benefits?

[@diegoayala11]

Sorry to jump in ~ did not see an answer for your question - just go done reading Survivor benefits under OPM website, and read this: "Children - No monthly benefits are payable to children of deceased former FERS employees if the death occurs after leaving Federal employment under FERS and before retirement." Would be something to discuss one on one with OPM ~

[@thedude3878]

@@diegoayala11 thank you for the input!

[@catilocuevas3145]

Hi, I need someone who help with the form of survivor benefits , my husband pass a way last month and we have to kiss, recommend me someone please

[@ChristyCapitalManagement]

Hello! For assistance, please call our mainline at 1-877-864-1145