Haws Federal Advisors Podcast
Federal Employees enjoy incredible benefits but it can get confusing to know exactly how to handle it all. This podcast is the place for all the tips and tricks to get the most out of your Federal benefits and federal retirement. We cover topics such as the TSP, FEHB, FEGLI, your pension, investing, and much more.
The Roth Conversion Window: Why the Years Between Retirement and RMDs Are Critical
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
For many feds, the years between retiring and starting RMDs are the lowest-tax years they'll ever have. Here's how to use that window for Roth conversions on purpose, and when to hold off.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/fre...
Required Minimum Distributions and Your TSP: A Complete Guide
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
At some point the IRS makes you start pulling money out of your TSP, whether you need it or not. Here's when RMDs start, how much you'll have to take, and how to keep them from wrecking your taxes.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Fed...
2027 Pay Watch: Where the Federal Pay Decision Stands
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Will feds get a raise in 2027? Right now the President's plan is 0% for most civilian employees, and nothing is final until the pay executive order in December. Here's where the decision stands, how it could still change, and what a frozen year can do to your pension.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: You...
Open Season Is 12 Days Away: What's New for 2027
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Open Season starts November 9, just 12 days away. FEHB premiums are up an average of 10.9% for enrollees, nine plans are ending, and there's a new rule for adding family members. Here's what's new for 2027 across FEHB, PSHB, dental and vision, and FSAFEDS.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as...
How to Create a Retirement Budget That Actually Works for Federal Retirees
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Most retirement budgets fail in the first year because they start with the wrong number. Here's how to build a budget around your FERS benefits that holds up, starting with your net check, not your gross pension.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: htt...
SEPP / 72(t): Another Way to Tap Retirement Money Before 59½
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Retiring before 59½ and need your retirement money? SEPP, also called 72(t), lets you take it without the 10% early withdrawal penalty, even if you don't qualify for the Rule of 55. It works, but it's rigid, and breaking it early is expensive.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Fe...
Which Account Should You Tap First in Retirement? Withdrawal Order for Feds
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
You've got a pension, Social Security, a TSP, maybe a Roth and some savings. Which one you pull from first can change your lifetime tax bill. Here's a common withdrawal order for federal retirees and the tax cliffs to watch.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A F...
Retiring on One Income: A FERS Plan for Single Feds and Widows
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Most retirement advice assumes two incomes and two Social Security checks. If you're single or widowed, the plan looks different. Here's the one-income playbook for your pension, survivor election, taxes and long-term care.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/fre...
60,000 Feds Already Did a Roth Conversion in the TSP. Should You, Before Year-End?
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
About 60,000 federal employees and retirees have already done a Roth conversion inside the TSP this year. Here's how it works, what it costs in taxes, and who it makes sense for (and who it doesn't) before year-end.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: htt...
Unused Sick Leave, Annual Leave, and Your Final Paycheck: What Federal Retirees Actually Get
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Your unused leave is worth real money when you retire. Annual leave becomes cash, and sick leave becomes pension. Here's how each one works, why your leave payout may look smaller than expected, and what to know before you pick your retirement date.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Fin...
The Federal Employee's Complete Retirement Income Plan: Pension + TSP + SS
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Most feds retire with three paychecks, not one. Here's how the FERS pension, Social Security and the TSP fit together, what each one is for, and how they're taxed, so your money lasts.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/fre...
Which States Tax Your FERS Pension (and Which Don't)
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Where you live in retirement can be worth thousands of dollars a year. Some states don't touch your FERS pension, and others tax every dollar. Here's how the states break down, and why the income tax alone doesn't tell the whole story.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Fre...
39 FEHB Plans Charge More for Self Plus One Than Family
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Is covering two people costing you more than covering a whole family? In 39 of 118 FEHB plan options for 2027, Self Plus One costs more than Self and Family. Here's the list, why it happens, and what to check before Open Season.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A F...
Retiring Soon? How Long OPM Is Really Taking (and How to Survive on Partial Pay)
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
You retire, your paycheck stops, and your full pension can take months. Here's how long OPM is actually taking right now, and how to avoid going broke while you wait.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Dow...
The New Overtime Tax Deduction: Which Federal Employees Qualify?
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
There's a new federal tax deduction for overtime pay, but a lot of feds who work overtime won't qualify. Here's who does, and how to check before tax season.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Download a c...
Open Season Starts Nov 9: The Dates Every Fed Needs
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Federal Benefits Open Season starts in less than three weeks. Here are the dates that matter, and the one mistake that lets OPM pick your plan for you.
Quick facts: Open Season runs Nov 9 – Dec 14, 2026, for FEHB, PSHB, FEDVIP and FSAFEDS. New coverage starts Jan 10, 2027 for most employees, and Jan 1, 2027 for annuitants and PSHB enrollees. The average FEHB enrollee premium is up 10.9% for 2027 (PSHB up 8.2%). Nine FEHB plan options won't be offered in...
Retiring at the End of 2026? Your Paperwork Timeline, Week by Week
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Retiring at the end of 2026? The clock is already running. Here's exactly what has to happen, and when, so your first check isn't delayed.
Quick facts: Confirm your retirement date with HR first. End-of-year is the busiest retirement season in government. 10–12 weeks out: request an annuity estimate, pull your SF-50s and check your service computation date, and finish any military deposit or civilian redeposit before you separate. 8–10 weeks out: complete your SF 3...
How to Enjoy Your TSP in Retirement Without Getting Killed in Taxes
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
A married couple over 65 can have about $148,000 of income and still be in the 12% tax bracket. Yet most feds pay far more tax on their TSP than they need to. Here's how to plan your withdrawals by tax bracket, not just by what you need.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map...
9 Things That Change for Federal Retirees in 2027
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
The COLA is only one of nine numbers changing for federal retirees in 2027. Here are all nine in one place, so you can get your 2027 numbers right before January.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Download a c...
The 2027 COLA Is In — How Much the 10.9% FEHB Hike Takes Back
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
The 2027 COLA is in. FERS retirees got 2.6%, but the average FEHB premium is going up 10.9%. Here's how much of that raise you actually keep, and why some retirees will see a smaller check in January.
Quick facts: The 2027 COLA is 3.6% for CSRS and Social Security, and 2.6% for FERS retirees 62 and older (when inflation is over 3%, FERS gets CPI minus 1%). Regular FERS retirees under 62 get no COLA. The average FEHB enrollee premium is...
How to Turn Your TSP Into a Monthly Paycheck in Retirement
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
How do you turn your TSP into a monthly paycheck? TSP installments let you set your own retirement paycheck and change it any time. But two defaults catch a lot of people: every withdrawal sells every fund, and shorter schedules get 20% withheld for taxes.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To...
The Federal Employee's Year-End Tax Checklist for 2026
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
There are only about 11 weeks left in 2026, and most of the best tax moves for federal employees and retirees can't be done after December 31. In this video I walk through 8 year-end moves, from maxing out your TSP and in-plan Roth conversions to RMDs, QCDs, the new senior deduction, and use-it-or-lose-it leave. Pick the 2 or 3 that fit you.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Fre...
Over $150K? Your TSP Catch-Up Is Now Roth-Only
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
If you're 50 or older and made over $150,000 last year, your TSP catch-up contributions in 2026 have to go Roth, whether you chose it or not. In this video I cover who it hits, what it means for your paycheck, whether the switch is automatic, and the 3 things to check before December 31.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In...
The FEHB Open Season Playbook: How to Pick the Right Plan Every Year
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
FEHB premiums are going up about 10.9% on average for 2027, the third double-digit increase in a row. Open Season is your one chance each year to fix that. In this video I walk through my 6-step playbook for picking the right plan: check whether your plan is changing or leaving, compare total cost instead of just premium, confirm your doctors and prescriptions, choose the right enrollment type, run the numbers on an HDHP + HSA, and...
2027 Social Security Changes: What They Mean for Your FERS Supplement
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Social Security released its 2027 numbers on October 14. Everyone is talking about the 3.6% COLA, but if you plan to retire before 62 and keep working, the number that matters more is $25,560. That's the 2027 earnings limit, and your FERS Supplement uses it too. In this video I cover what counts as earned income, a real example with a $40,000 job, when the reduction actually hits, and who is exempt.
Educational only, not tax, investment, or legal...
What Happens to Your Benefits If You're RIF'd Before Retirement Eligibility?
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
If you got a RIF notice tomorrow and you weren't eligible to retire yet, what would happen to your pension, your health insurance, and your TSP? Here's the whole map, plus the one mistake that can cost you for life.
Quick facts: First, check whether you qualify for Discontinued Service Retirement: age 50 with 20 years, or any age with 25 years. If you do, your pension starts now, but the FERS Supplement waits until...
The 2027 COLA Is Official — What FERS vs. CSRS Retirees Actually Get
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
It's official: Social Security and CSRS retirees get a 3.6% COLA for 2027. FERS retirees get 2.6%. Here's who gets what, why FERS gets less, and when it shows up in your check.
Educational only, not tax, investment, or legal advice. Haws Federal Advisors | HawsFederalAdvisors.com
👇 Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Dow...
Your FERS Supplement Ends at 62: Start Social Security Right Away or Wait?
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
The month you turn 62, your FERS Supplement stops. Do you replace it with Social Security right away, or wait for a bigger check? Here's the trade-off, who should claim early, who should wait, and two traps to watch for.
Quick facts: The supplement stops at the end of the month you turn 62. Your pension keeps going, and FERS COLAs start at 62. With a full retirement age of 67 (born 1960 or later), claiming at 62...
FEHB Plans Leaving in 2027 — Is Yours One of Them?
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense
Is your FEHB plan leaving in 2027? Nine plan options won't be offered next year. If yours is one of them and you don't pick a new plan by December 14, OPM picks for you: Compass Rose Standard, whether it fits you or not.
Quick facts: Open Season runs Nov 9 – Dec 14, 2026. Leaving FEHB: UHC Choice Primary West High and Choice Plus Primary West High (AZ, NV, OR, WA), four Health Net of California options, Ind...
VERA and VSIP in 2026: How to Evaluate a Buyout Offer Before You Sign
Offered an early out or a buyout? Before you sign, know what VERA and VSIP actually cost you: a smaller pension for life, no FERS Supplement until your MRA, no COLA until 62, and a VSIP check that shrinks a lot after taxes.
Quick facts: VERA = age 50 with 20 years or any age with 25. VSIP = the lesser of your severance formula or $25,000 (DoD included). Come back to federal work within 5 years and you repay it. To keep FEHB you generally need 5 years of continuous coverage; OPM has waived this for some VERA/VSIP takers, so check with your agency.<...
COLA Day Is Oct 14: What FERS and CSRS Retirees Should Expect
The 2027 COLA gets announced this Wednesday, Oct 14. Here's how it's calculated, what we expect, who gets it (and who has to wait until 62), and why the FERS "diet COLA" lags inflation. Clarification: FERS retirees get the diet COLA (inflation under 2% = full match; 2-3% = flat 2%; over 3% = inflation minus 1). CSRS retirees get the full COLA, the same as Social Security. Estimates have been running about 3.3% to 3.5%; nothing is official until Oct 14. If you're a federal employee within 5 years of retirement and want a plan built around your FERS benefits, book a free call to see if we're a fit: https://app...
Case Study: Her $1,980 FERS Pension Only Pays Her $476 a Month
Federal employee within 12 months of retirement, or already retired, with $1 million+ invested? Book a free 15-minute Fit Call: https://app.hawsfederaladvisors.com/whatservicemakessense?utm_source=youtube&utm_medium=description
We help federal employees and retirees get the most out of their benefits, keep more of their money, and build a plan to reduce taxes in retirement. The Fit Call is a short phone call to see if we can help. No pressure. A real (anonymized) federal retiree expected about $2,000 a month and keeps $476. That's 24 cents on the dollar.
We walk through each deduction: full survivor...
OPM Caps Top Performance Ratings at 40% — What It Means for Your Bonus
OPM now caps the top two performance ratings (Levels 4 and 5) at 40% of employees per agency. Here's what that means for your rating, your award, and your RIF standing.
Correction: around 1:29 I say a Level 3 rating gets at least about 3%. Under OPM's memo, 3% is the MAXIMUM award for Level 3, and it can be $0. Level 4 awards start at 4% and Level 5 at 7%.
Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Want to schedule a consultation? If you're a federal...
Case Study: 3 Pensions, $780K Saved — And He Still Can't Afford to Retire at 60
Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Want to schedule a consultation? Click here:
https://app.hawsfederaladvisors.com/whatservicemakessense
I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.
0% Raise + 10.9% Health Premium Hike = A Smaller 2027 Paycheck
Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Want to schedule a consultation? Click here:
https://app.hawsfederaladvisors.com/whatservicemakessense
I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.
The FERS Survivor Election That Decides Whether Your Spouse Keeps FEHB
Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Want to schedule a consultation? Click here:
https://app.hawsfederaladvisors.com/whatservicemakessense
I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.
2027 Fed Pay Freeze and FERS Pension COLA Lags Inflation
Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Want to schedule a consultation? Click here:
https://app.hawsfederaladvisors.com/whatservicemakessense
I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.
How to Use Your FEHB as a Bridge to Medicare Without Paying Twice
Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Want to schedule a consultation? Click here:
https://app.hawsfederaladvisors.com/whatservicemakessense
I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.
The Survivor Benefit Hidden in Your Social Security Claiming Decision
Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Want to schedule a consultation? Click here:
https://app.hawsfederaladvisors.com/whatservicemakessense
I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.
Married After You Retired? The 2-Year Deadline That Costs Feds Thousands
Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book
Want to schedule a consultation? Click here:
https://app.hawsfederaladvisors.com/whatservicemakessense
I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.
