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May 2, 2024
Federal Employee Retirement and Benefits News
One area federal employees ask a lot of questions about is the FEHB program. Here a few ways in which the plan changes for Feds after retirement. Does FEHB Coverage End With Retirement? No, it does not. Feds can continue enjoying the Federal Employees Health Benefits (FEHB) coverage after retirement as long as they fulfill
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Bill Hoff: Life Changes That Facilitate Changes in FEHB outside an Open Season The majority of enrollment changes in the Federal Employees Health Benefits program occurs in the annual open season as per described by Bill Hoff. Still, some changes are permitted at other times when a Qualifying Life Event is experienced. The main events
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Federal retirement expert, Robb Fenton, explains how Federal Employee Health Benefits and FEGLI works at the point of retirement.
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Federal Retirement Expert Kevin D. Wirth explains how to get started for a successful retirement. Kevin Wirth explains insurance and the financial side.
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The Sioux Tribe has sued the federal government as it failed to maintain an ER. The local residents feel many troubles due to the lack of the only ER.
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OPM has devised 19 new measures to evaluate the performance of all its FEHB Carriers. These new measures would be implemented first time this year.
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There are two Open Seasons going on almost simultaneously – Medicare and Federal Employees Health Benefits. Don’t get refused – Medicare Open Season runs from October 15 – December 7, 2015. Federal Health Benefits Open Season run from November 9 – December 14, 2015. Many Federal employees will participate in both Open Seasons. They will
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A few days ago, the U.S. Office of Personnel Management (OPM) today announced premiums for the 2016 Federal Employees Health Benefits (FEHB) Program will rise by an average of 6.4 percent. OPM is offering a new Self Plus One enrollment type in the FEHB Program that will provide coverage for an enrollee and one designated
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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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Enrollment For Federal Employee Benefits The Thrift Savings Plan (TSP) no longer has an Open Season. Employees may start, stop or change their TSP contributions or participation in the TSP at any time. The Federal Long Term Care Insurance Program (FLTCIP) also does not conduct an annual Open Season. Employees can apply anytime for FLTCIP. There
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Open Season can be a very tense time for federal employees because of the many decisions to be made. Circumstances and conditions in families change and employees need to be ready to address those changes.
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Individuals charged with overseeing benefits and helping to organize benefits and health-care fairs receive information needed each year from OPM in order to make Open Season happen in their individual agencies.
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Open Season is an annual event for Federal employees. During Open Season, employees may do the following:
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Active Federal employees, retirees and their families should be on the look-out for Open Season which starts Monday, November 10, 2014 and continues through Monday, December 8, 2014
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Federal employees under the old civil service system – CSRS and the interim plan CSRS Offset had the option during two open seasons (1987 and 1998) to transfer to the new retirement system – FERS
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How you spend your retirement years may have as much to do with your physical plan as your financial plan. Here are a few ideas that could help you enjoy your golden years just a bit more.
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There are Critical Ages that Federal Employees should be aware of. These ages represent opportunities for Federal Employees who might want to maximize their retirement benefits.
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Sometime we need a little nudge, some motivation to get our engines pointed towards painting a picture of our retirement future.
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A financial plan helps to identify what we want, how to get it and how to keep it. The financial plan drives the entire process and is the determing factor as to whether you successfully reach your retirements goals.
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You see you have already been involved in financial planning and managing your money. The question is have you planned and managed your resources well enough to live your vision in retirement.
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