What Happens When You Go From Active Duty to Federal Employee
What Happens When You Go From Active Duty to Federal Employee
What happens when you go from active duty to federal employee? Most military service members and their families at some point have interacted with or worked alongside federal government employees. Have you ever wondered how their benefits compare to yours or even how to join the Civil Service ranks? Did you know that they also have TSP?
My guest, Sam, is here to talk to me about financial life as a government employee and share some tips on gaining federal employment
Sam is the author of the Government Worker FI. A civil servant since the age of 18, his mission is to help others successfully navigate the federal system and understand their benefits. On his blog, Sam also shares his financial journey and lessons he has learned through personal experiences.
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Support for this podcast comes from Charles Schwab. Since 1973, Charles Schwab has been committed to helping individual investors. Let’s work toward your tomorrow. Together. You can learn more at Schwab.com.
Go From Active Duty to Federal Employee Episode Details
- The Federal Employees Retirement System (FERS)
- What happens to your TSP after leaving the service
- Thrifts Savings Plan (TSP) best practices and uses
- Differences in use between civilian and military
- Common mistakes with the TSP
- Differences in TSP available funds
- Insights on becoming a government employee
- Tips for using USAJOBS (successfully)
- How to get into the “system”
- The benefits of becoming a civil servant
Related: The Traditional Vs. Roth TSP Decision
Active Duty to Federal Employee Resources
- Government Worker FI
- Your Money or Your Life by Vicki Robin
- The Cruelest Miles: The Heroic Story of Dogs and Men in a Race Against an Epidemic
- Submit your financial questions for the show
Related: The Best Uses of the TSP G Fund
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