Retirement
How to Read a Federal Retirement Estimate
Begin with the assumptions: service history, high-three salary, sick leave, retirement type, and date. An estimate is only as useful as the inputs behind it.
Next, separate gross annuity from the amount you expect to receive after deductions. Taxes, insurance premiums, and survivor elections can materially change take-home income.
FEBA provides educational information, not individualized legal, tax, or financial advice. Review your own situation with the appropriate qualified professional.
Written by
K. Shawn McCoy
Founder & President, FEBA
Shawn brings 37 years in financial services and more than 15 years dedicated exclusively to federal employee benefits. He has educated more than 38,000 federal employees through workshops nationwide and founded FEBA to make the federal benefits system easier to understand.