Deferred or Postponed? What Happens When You Leave Federal Service Early

You may be ready to leave your federal or postal career—but that does not necessarily mean you are ready to begin receiving your pension. Depending on your age and years of service, you may need to choose between a deferred or postponed retirement. In this episode of Rayna Retirement, Rayna Reyes explains the difference between these frequently confused options. She discusses minimum retirement age, the permanent reduction that can apply under MRA+10, when an unreduced pension may become available and what leaving federal service could mean for benefits such as FEHB, FEGLI and the FERS Special Retirement Supplement. Rayna also identifies one decision that can jeopardize your future pension: withdrawing your retirement contributions after leaving federal service. Before turning in your notice, make sure you understand which benefits you are preserving—and which ones you could permanently lose. -- Contact Rayna directly at 850-450-6500 Or call the American Federal Benefits Consultants team at 1-800-872-8857 Visit: AmericanFederal.org -- YouTube: https://www.youtube.com/@RaynaRetirement Rayna Retirement is the go-to podcast for federal employees – or anyone – looking to make smarter financial decisions with clarity and confidence. Hosted by Rayna Reyes, co-founder of American Federal Benefits Consultants, this show simplifies the complexities of retirement, benefits, and financial planning. Whether you're navigating your FERS or CSRS pension, maximizing your TSP, or seeking expert advice on 401(k)s or IRAs, Rayna is here to guide you every step of the way. Tune in for practical knowledge, ethical solutions, and expert insights as you prepare for a secure and fulfilling retirement.