Carol Schmidlin

Carol Schmidlin, Certified Financial Fiduciary®, MRFC® is the President of Franklin Planning and has been advising clients on how to grow and preserve their wealth for 25 years. In addition to her financial planning practice, she is the founder of FedSavvy® Educational Solutions, which provides Financial and Retirement Literacy Programs for Federal Employees. She is passionate about helping families with all phases of Wealth Management and is a member of Ed Slott's Master Elite IRA Advisor Group. Her practice maintains a home office in Sewell, NJ along with a satellite office in Washington, DC. Carol can be reached at (856) 401-1101.

Website  •  Contact

Protect Your Family with Important Estate Planning Documents

By on December 20, 2016 in Retirement with 0 Comments
Protect Your Family with Important Estate Planning Documents

Have you considered what would happen to your loved ones and to your assets after you pass away? Proper planning is important to ensure your wishes are carried out. Here is a list of important forms federal employees need to handle the beneficiary designations for their federal benefits.

Continue Reading »

Improvement Plans for the Thrift Savings Plan

By on October 4, 2016 in Retirement with 0 Comments
Improvement Plans for the Thrift Savings Plan

The Federal Retirement Thrift Investment Board recently released its five year strategic plan. The author highlights two goals from the plan and what they would mean for federal employees investing in the Thrift Savings Plan.

Continue Reading »

Understanding How Medicare Coordinates with FEHB

By on August 31, 2016 in Retirement with 0 Comments
Understanding How Medicare Coordinates with FEHB

It’s important to understand what benefits you have available under Medicare as a federal employee. The author explains Medicare’s four parts and how they overlap with the Federal Employees Health Benefits program.

Continue Reading »

Accelerate the Tax Efficiency of Roth TSP Distributions

By on June 1, 2016 in Retirement with 0 Comments
Accelerate the Tax Efficiency of Roth TSP Distributions

The author describes a technique known as the “The Back Door Roth TSP Withdrawal” federal employees can use to accelerate their tax benefits in retirement.

Continue Reading »

2016 Financial Resolutions

By on January 3, 2016 in Retirement with 0 Comments
2016 Financial Resolutions

Does your personal financial plan need a tune up in the new year? The author offers some suggestions to consider as part of your new year’s financial resolutions as you plan for retirement and the long term needs of your family.

Continue Reading »

Know Your Limitations on Social Media

By on December 7, 2015 in Human Resources with 0 Comments
Know Your Limitations on Social Media

How can you avoid violating the Hatch Act while you are on the clock? The authors spell out what new guidance from the Office of Special Counsel says about proper use of social media for federal employees while they are at work.

Continue Reading »

Tax Favored ABLE Accounts For Special Needs Children

By on November 18, 2015 in Retirement with 0 Comments

Congress recently introduced a new type of account for young, disabled individuals; the Achieving a Better Life Experience account, or ABLE account for short. The author describes how these accounts work for saving money for an individual with special needs.

Continue Reading »

Guidelines to Help You Prepare for Your Retirement ‘Graduation’

By on July 23, 2015 in Retirement with 0 Comments
Guidelines to Help You Prepare for Your Retirement ‘Graduation’

Are you on the cusp of retirement? These are some tips to keep in mind as you plan this next phase of your life.

Continue Reading »

Avoid Mistakes When Changing Your TSP Election

By on May 27, 2015 in Current Events, Retirement with 0 Comments

Changing your TSP contribution election to add the Roth option can be a little tricky. If done wrong, this could cause a FERS participant to lose out on thousands of dollars. The author explains by way of a real life example how this can happen and how to avoid making the mistake yourself.

Continue Reading »

Spring Cleaning for Your Financial Portfolio

By on May 13, 2015 in Current Events, Retirement with 0 Comments

Spring Cleaning is basically just trimming away the excess, updating, and even evolving. It’s a great idea to do this with many areas of your life, including your retirement portfolio. The authors outline three simple steps you can take to put your spring cleaning plan for your retirement savings into action.

Continue Reading »

Contact Carol Schmidlin

Top