Are you a federal employee and planning to retire under FERS before age 62 under certain conditions? It becomes crucial to know how the FERS special retirement supplement may be paid in addition to your FERS annuity benefits. At Myfederalretirementhelp, we are equipped with well-trained professionals who will help you get detailed information to make an informed decision.
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If you’re reading this article at Special Needs Alliance, and have a child or family member with special needs, you’ve probably already set up a third party special needs trust (sometimes called a “supplemental needs trust”) and named it as a beneficiary of your will or living trust. If not, you might want to read some other Voice® articles first, including Developing an Estate Plan for Parents of Children with Disabilities: A 15-Step Approach and Your Special Needs Trust (“SNT”) Defined. Your goal will typically be to leave assets that can benefit your family member with a disability without causing his or her loss of needs-based government benefits. Indeed, the naïve belief that you can just go online and fill out a form to designate your trust as beneficiary of your retirement accounts can easily result in an income tax or public benefits eligibility disaster. If your estate plan makes your trust a beneficiary of your retirement plans, and your trust includes multiple beneficiaries of varying ages or charitable beneficiaries, you should seek review from a competent special needs attorney.
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bluehills 2023-06-20
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Retirement villages Frankston 2023-01-09
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