Federal Employees Could Face Higher Medicare Premiums
CSRS employees do not qualify for the “hold harmless” provision, which helps keep Medicare Part B premium steady, which is designed to keep Medicare affordable
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Health Care and Retirement
When we talk about all of the things that might change for us in retirement we know that health care is right up there at the top.
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Health: How is Yours?
I hope your health is good. There is one way to make sure you stay healthy in retirement – have regular visits to your health care providers. If you are going to have those regular visits, then you will need some mechanism to pay the provider.
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Long-Term Care Awareness
Long-term Care Insurance (LTC) can be an incredibly valuable tool in planning for retirement. However, the literature shows that most Americans are not as informed about LTC as we should be.
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FEHB and Medicare
Americans are living longer and that means going forward we will have an unprecedented number of seniors making up the American population. How FEHB and Medicare work together and what you need to know.
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Medicare Part D
Information for Federal and Postal Employees and Retirees on their Medicare Part D coverage
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FLTCIP Long Term Care
The Federal Long-Term Care Insurance Program (FLTCIP) provides insurance to help pay for the costs of care when enrollees need help with activities.
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The 5 biggest risks that retirees confront
Retirement planning…
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How to Handle Retirement Worries
Most people’s visions of retirement don’t include lazy days on the beach in their favorite pair of flip-flops. For the vast majority of Americans, the most stressful aspect of their finances is the process of preparing for retirement.
Many people discover their retire…
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10 Strategies for Federal Employees Planning to Retire Before 2030
Thousands of federal personnel have retired since the COVID-19 pandemic began in March 2020. Many more eligible employees plan to retire during the following eight years.
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12 Retirement Savings Facts
Here are a few facts about retirement savings that you may or may not be aware of: 1. More people are planning for their future than ever in the past, contributing a large share of their monthly paychecks to retirement plans than any point prior. 12.8 percent is what the total amounts of workers contributing...Read More
How Policymakers Can Affect Social Security in 2019
It's yet another year, and everyone is worried about their retirement security and how to keep it high. Did you know that policymakers can either help or prevent retirement security in 2019? A lot of people are concerned about retirement stems regarding uncertainty about working at older ages since most of them would love to...Read More
One or Two More Insurance Plan Options for FEHB Participants
Participants in the Federal Employee Health Benefits Plan (FEHBP) could soon have a few more choices when it comes to plan options, according to the Office of Personnel Management. The decision to allow FEHB carriers to offer the same type and number of insurance plan options has been finalized by OPM. Previously, there were minimum...Read More
Senior and Retired Veterans Hope for COLA Increase in 2016
The largest reason why COLA increases were not put into effect so far this year is because these increases are based on the Consumer Price Index figure.
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Executive Order increases Federal Employee Wages by 1.3% for 2016
The executive order was issued after Congress decided to support the recommendation for pay raises.
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Will Insurance Premiums Rise For Federal Employees?
There has been plenty of talk about health insurance premiums being on the rise with more of the financial responsibility being placed on the employee.
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What to Do One Year Before Retirement
What to Do One Year Before Retirement First, you should visit your agency’s human resources department and let them know. This one-year advance discussion can help to avoid any problems or delays later on. HR will be able to start the process moving forward, e.g., by checking your eligibility and your accrued vacation and sick pay,
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Determine your needs before purchasing life insurance.
Don’t just choose a set amount of life insurance without determining your requirements. It can be higher or lower than what “looks about…
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The Drawback Of Retirement That No One Discusses
Retirement is a stage of life everyone aspires to reach as quickly as possible because there is freedom in not having to work any longer. Many believe it will be a golden time of being able to do whatever they want. However, there are many financial considerations to make before actually retirin…
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Why Retirees are Returning to Work in Droves
Currently, the American workforce has experienced a rate of resignation like never before. As companies brace against the Great Res…
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