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Retirement and Financial Literacy Education Program (RFLEP)

Welcome to the Department of Veterans Affairs
Retirement Financial Literacy and Education Program (RFLEP) Website!

The Department of Veterans Affairs Retirement Financial Literacy and Education Website is designed to provide tools to Federal employees to assist in achieving their future retirement and financial goals. This website provides financial information and tools to educate employees and their family members and emphasizes the importance of budgeting, saving, and planning for retirement. The financial security employees and their family members have in the future depend, in part, on the knowledge they gather and make use of today. Acting now and taking the necessary steps toward planning for your future will help you reach your financial and retirement goals. Employees should take full advantage of attending the financial education workshops, handouts, fairs, etc., that are provided by their Human Resources (HR) office. VA's program strategy considers financial literacy education as a career-long process and incorporates a broad range of information and tools employees will need to be aware of and understand in order to make informed retirement planning decisions throughout their careers. Please click on the tabs above to view the latest information regarding VA's Retirement Financial Literacy and Education Program.

VA's Goal - Provide Educational Tools to Assist Employees in Achieving their Retirement and Financial Dreams.

Responsibilities

Tools

Links

FDIC Program

Contacts

Agency and Employee Responsibility

The following provides important information that defines the different responsibilities of the Department of Veterans Affairs and VA employees on the Retirement Financial Literacy and Education Program.

Agency Responsibility... Employing agencies have the primary responsibility for the delivery of retirement financial education to their employees and for supporting financial literacy. The Thrift Savings Plan Open Elections Act of 2004 (Public Law 108-469) required the Office of Personnel Management (OPM) to develop and implement a retirement financial literacy and education strategy for Federal employees as part of the retirement training offered by OPM under 5 U.S.C. 8350. The implementation of the strategy must educate Federal employees on the need for retirement savings and investment, and must provide information on how to plan for retirement and how to calculate the retirement investment needed to meet their retirement goals.

Employee Responsibility... The best retirement financial literacy and education program in the world will not be effective unless you take a proactive role in utilizing information that is made available to you and your family members. Acting now and taking the necessary steps toward planning for your future will help you reach your financial and retirement goals. Employees should take full advantage of attending the financial education workshops, fairs, etc., that are conducted by their local Human Resources office. Make a commitment to yourself to learn and take the necessary steps you need in order to achieve your future retirement dreams. Remember, you control your financial and retirement future.

 

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