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As an employer, it is important to ensure that your employees are well-informed about their retirement benefits. This is especially true as we approach the fiscal year 2023, which means new updates and changes in retirement benefits policies. One of these changes is the service purchase option, which entails making additional payments to cover years of employment that are not credited towards their retirement plans. The service purchase option is available to federal employees who have had a break in their federal service, or those who wish to enhance their retirement benefits by adding extra years of service to their record. Service credit may be purchased for a variety of reasons, such as periods when an employee was on leave without pay, or for military servic...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)