Smarter Feds offers Federal Employee Retirement Workshops all across the country. Federal employees should understand their Federal retirement options early so FERS Retirement Training gives knowledge of the federal benefits programs and professional experience in the complex field of retirement planning, and ways to optimize and maximize their federal retirement income and make well-informed decisions about their future.

1. Securing Your Assets: The 4 Essential Beneficiaries Every Federal Employee Should Designate
Federal employees have the flexibility to designate recipients for their contributions, life insurance, and
Thrift Savings Plan (TSP) funds in the event of their passing. It is crucial for employees to understand that
completing specific forms is essential to ensure that their hard-earned money reaches the intended
beneficiaries. This is not only pertinent for active employees but also for retirees, as there may be a
lump sum payout of contributions.
The significance of this process lies in the fact that failing to specify a recipient can result in the money
going through a probate process before reaching the intended beneficiary. To comprehend the
implications of this, seeking advice from an attorney is advisable. Furthermore, in the absence of a
specified recipient, the government will adhere to the standard order of precedence for payouts, which
may ot align with the individual's best interests.

2. To guarantee that your funds reach the right person or entity, it is imperative to complete the following
designated forms:
1. TSP (Thrift Savings Plan): Log in to the TSP website to designate your primary beneficiary and
contingent beneficiaries.
2. FEGLI (Federal Employees' Group Life Insurance): Utilize SF-2823, available HERE, to designate
beneficiaries for your FEGLI coverage.
3. Unpaid Compensation: Complete SF-1152, accessible HERE, to specify the recipient for your
final paycheck.

3. 4. Retirement System Contributions:
 For CSRS (Civil Service Retirement System), use SF-2808, found HERE.
 For FERS (Federal Employees Retirement System), complete SF-3102, available HERE.