When to Use the FEGLI Calculator
You won’t often be called upon to calculate your coverage amount and premium for your Federal Employees’ Group Life Insurance (FEGLI) life insurance.
...Read MoreYou won’t often be called upon to calculate your coverage amount and premium for your Federal Employees’ Group Life Insurance (FEGLI) life insurance.
...Read More“Now I am a full grown woman and this is the first time in my life that life insurance has really been explained to me.”
...Read MoreThe cost or ‘premium’ paid to maintain FEGLI almost doubles every 5 years. At age 65, you may elect to reduce coverage by 2% a month for 50 months until it reaches 0, or continue to pay premiums. by Todd Carmack
...Read More~~HOW DO I GET STARTED WITH A PLAN? By now you are probably asking – How do I get started setting goals that are SMART and putting a plan into action? You get started by first simply writing down what you desire your retirement picture to reflect. Write down your goals, evaluate and analyze them
...Read MoreOption C –Family Insurance.
...Read MoreYou should compare your FEGLI Rates online by searching for FEGLI comparisons and/or FEGLI Calculators to find out what other options are available for you.
...Read MoreLet’s talk about what the FEGLI 75 percent reduction election means.
...Read MoreThere is no denying, there is no easy way of getting around understanding your benefits and what they mean in retirement.
...Read MoreThe Order of Precedence has no attachment to your Will. The Federal Government does not get involved in Wills and Probate. Instead, if there is no assignment of your insurance and no valid court order exists then the order is as follows ranging from first to sixth and in that order:
...Read MoreFEGLI offers an extra benefit to employees under age 45 at no extra charge.
...Read MoreAssignment of Benefits – Employees can, as of a law passed in 1994, assign their Basic, Standard Optional and Additional Optional life insurance to an individual, individuals, a corporation or an irrevocable trust.
...Read MoreThe term conversion is when a policy is converted (changed) into another type of policy
...Read MoreFEGLI Option C In previous articles we discussed Basic insurance and Options A and B and various FEGLI rates. Now let’s talk about the third option under the Federal Employees Group Life Insurance – Option C. Option C is Family Insurance. As with Options A and B, Option C’s premiums are also based on age. Coverage continues
...Read MoreOption B represents additional insurance of which you have the right to carry into retirement. The value of your Option B insurance depends on your coverage election.
...Read MoreThe Federal Government offers 3 other insurance options and we’ll discuss each in separate posts. Let’s begin with Option A- Standard Insurance.
...Read MoreFEGLI options once retirement hits
...Read MoreTerm Life Insurance and Whole Life Insurance – What’s the Difference?
...Read MoreKnow the facts about FEGLI, as life insurance is a very important part of the planning process to RETIRE WELL.
...Read MoreFederal and Postal Employees are offered a number of great benefits to help them take care of themselves and their families. FEGLI is one of the best.
...Read MoreCopyright © 2024 - Public Sector Retirement, LLC. All Rights Reserved.
Not affiliated with The United States Office of Personnel Management or any government agency