Preparing for and Surviving a Government Shutdown

The threat of a government shutdown has become a frequent political game. We managed to avoid one this time, but there will be shutdowns in the future. As a federal employee you experience both financial and emotional stress during these periods of uncertainty.

Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan.

In this episode we…
• Give you the facts on past shutdowns and what Agencies may furlough staff.
• List some helpful tips on what to do if you are furloughed.
• Describe what will happen to the income for retirees.
• Provide ways to prepare for the next shutdown.
• Share what we will be doing to help you and your fellow federal employees.

0:00 Intro
2:23 History of Government Shutdowns.
3:28 What Agencies will be affected?
4:37 What will happen if you are furloughed.
5:06 Tips to get through a furlough.
7:54 Preparing for the Next Shutdown.
11:20 Retirees and a federal shutdown.
13:57 Helping Fellow Feds.

Referenced Links:

OPM - Guidance for Shutdown Furloughs: https://www.opm.gov/policy-data-overs...

Government Executive - See who would get furloughed in a shutdown this year: https://www.govexec.com/workforce/202...

Axios – The history of government shutdowns and how long they last: https://www.axios.com/2023/09/24/fede...

Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: https://fedimpact.com/VWP

Federal Benefit Resources: https://www.opm.gov/
https://www.tsp.gov/ https://www.myfederalretirement.com/c... https://www.myfederalretirement.com/
https://www.fedsmith.com/

Would you like to know more?
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