Federal Employees

Salerno Financial Group specializes in providing personalized guidance and advice for federal employees by providing a comprehensive plan that integrates the employee’s benefits package into an overall financial program that includes risk management, investment diversification, insurance, and retirement planning.


Investment Advice

Federal employees have a variety of investment options within their TSP retirement plan, such as stocks, bonds, and mutual funds. As a fiduciary financial advisor, we can help you understand the different investment options available and advise you on which investments align with your risk tolerance and goals.

We can also provide guidance on how to diversify your investments to minimize risk and increase returns. Additionally, we can help you rebalance your investment portfolio periodically to ensure it remains aligned with your goals and risk tolerance.


Retirement Planning

We help federal employees understand the different retirement plans available to them, such as the Thrift Savings Plan (TSP) and the Federal Employees Retirement System (FERS). We can explain the benefits and drawbacks of each plan and help you decide which plan is best suited to your needs. Additionally, we can help you set retirement goals and create a customized plan that helps you achieve those goals.


Tax Planning

Federal employees have unique tax considerations, such as the Thrift Savings Plan tax advantages and potential tax implications of their pension plan. We can provide guidance on how to minimize tax liability while maximizing retirement savings.

We can advise you on the benefits of contributing to tax-deferred retirement plans, such as the TSP, and how to take advantage of other tax-saving strategies, such as deducting charitable donations or medical expenses. Additionally, we can help you understand the tax implications of different investment strategies and how to optimize your tax situation.


Insurance Planning

Federal employees have access to various insurance options, such as the Federal Employees Health Benefits (FEHB) program and the Federal Employees Group Life Insurance (FEGLI) program. We can provide guidance to help you understand your options and determine the appropriate coverage levels based on your individual needs.

We can advise also you on the benefits of different insurance products, such as life insurance, disability insurance, and long-term care insurance, and how to determine the appropriate coverage amounts. Additionally, we can help you understand the costs and benefits of different insurance plans and how to evaluate them, as well as how your coverage will be affected upon retirement or separation of service.


Debt Management

Many federal employees have student loans or other types of debt. As a financial advisor, we can help you develop a plan to pay off debt efficiently while still meeting your other financial goals. We can advise you on the benefits of consolidating your debt, refinancing at a lower interest rate, or creating a debt repayment plan.

We can also help you prioritize your debt repayment based on factors such as interest rates, minimum payments, and the impact on your credit score. Additionally, we can provide guidance on how to avoid taking on additional debt and how to save money to pay off debt faster.


Contact us today for a consultation.