Mistakes on retirement applications for federal employees will cause you delays in receiving your full monthly annuity payments. In this episode, I will review the three most common errors found on federal retirement paperwork, provide insights directly from OPM (Office of Personnel Management), and share some guidance on how you can reduce these delays. Welcome! I'm Ed Smith, President of Valor Wealth Partners, where we're dedicated to educating federal employees on your complex and often underutilized benefits. When we're looking at the topic of retirement paperwork, we want to help you get the best information so you can get your check as soon as possible. Now, for a lot of people, they don't actually know that your first check is not the full amount. It's actually only about 60 to 70 percent of what your full check will be once OPM gets done processing your paperwork. The best way to get that check sooner is to give them the full package or the best information so they don't have any errors on that paperwork. So, when you're looking at this, there are a couple of things that can go wrong. You, as the retiree, can make some mistakes on your paperwork. Also, HR or other supporting departments can make some errors. We just want to be able to give you some guidance in this video on how you can do your best job to make sure it's the cleanest package or healthy package so that OPM has the best chance of getting it to you as soon as possible. Now, during the course of the video, we're not here to blame anybody for anything. We just want to share awareness of the data that's out there and provide insights to help you do the best you can. OPM and HR are very much overwhelmed...
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