From an offer of “deferred resignations” to promises of cuts to the federal workforce, many of the moves taken and proposed by the Trump administration have left some federal workers feeling uneasy.
Thiago Glieger, of RMG Advisors in Rockville, Maryland, specializes in financial planning for federal employees and said he is currently receiving a lot of questions about the “deferred resignation” offer, some of which come from workers who may be considering it because they are at or close to retirement age.
The top question he asked is about whether taking it would impact a worker’s retirement benefit.
“I just want to bust that myth that your benefits are not going to be stripped away from you,” Glieger said.
Now those considering the offer need to make sure they are truly eligible for retirement by the time the resignation kicks in on Sept. 30, otherwise he said that could result in pension reductions among other concerns.
Click here to read the rest of the story written by Mike Murillo over at WTOP