Severance pay is typically distributed biweekly, but agencies may offer lump sum payments in certain circumstances.

Know your options: https://wix.to/umIAABU #FederalRIF #FinancialPlanning
Reduction in Force (RIF): Comprehensive FAQ for Federal Employees

Table of Contents1. FAQ Summary 2. RIF Basics 3. Severance Pay 4. Health Insurance (FEHB) 5. Life Insurance (FEGLI) 6. Retirement Benefits 7. Priority Hiring Programs 8. Leave Balances 9. TSP Account Options 10. Tax Consequences 11. Support Resources 12. Unemployment Benefits 13. Action Plan Timeline 14. Table of Key RIF Elements 15. Next StepsSummaryThis FAQ addresses the financial implications of a federal Reduction in Force (RIF), covering: • Severance pay calculation and eligibility • Health

Compound Prosperity
Warning: Annual leave payouts may significantly increase your taxable income.

Consider tax planning strategies before receiving yours: https://wix.to/umIAABU #TaxPlanning #FederalRIF
Reduction in Force (RIF): Comprehensive FAQ for Federal Employees

Table of Contents1. FAQ Summary 2. RIF Basics 3. Severance Pay 4. Health Insurance (FEHB) 5. Life Insurance (FEGLI) 6. Retirement Benefits 7. Priority Hiring Programs 8. Leave Balances 9. TSP Account Options 10. Tax Consequences 11. Support Resources 12. Unemployment Benefits 13. Action Plan Timeline 14. Table of Key RIF Elements 15. Next StepsSummaryThis FAQ addresses the financial implications of a federal Reduction in Force (RIF), covering: • Severance pay calculation and eligibility • Health

Compound Prosperity
Did you know?

RIF procedures follow specific regulations to ensure fairness.

Employees are ranked based on tenure, veterans' preference, length of service, and performance.

Details here: https://wix.to/umIAABU #FederalRIF
Reduction in Force (RIF): Comprehensive FAQ for Federal Employees

Table of Contents1. FAQ Summary 2. RIF Basics 3. Severance Pay 4. Health Insurance (FEHB) 5. Life Insurance (FEGLI) 6. Retirement Benefits 7. Priority Hiring Programs 8. Leave Balances 9. TSP Account Options 10. Tax Consequences 11. Support Resources 12. Unemployment Benefits 13. Action Plan Timeline 14. Table of Key RIF Elements 15. Next StepsSummaryThis FAQ addresses the financial implications of a federal Reduction in Force (RIF), covering: • Severance pay calculation and eligibility • Health

Compound Prosperity