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July 27, 2024

Federal Employee Retirement and Benefits News

TSP & Retirement

Learn About These Legislative Changes That Could Affect Federal Employee Benefits

Key Takeaways: Legislative changes in 2024 may significantly impact federal employee benefits, including retirement plans, healthcare, and leave po...

Open Season 2024: Making Changes to Your FEHB Coverage

Key Takeaways: FEHB Open Season 2024 provides federal employees and retirees the opportunity to review and change their health coverage options to better meet their needs.Understanding key deadlines, comparing plans effectively, and ...

Expert Tips for Balancing Work and Retirement: Phased Retirement for Federal Employees

Key Takeaways: Phased retirement allows federal employees to gradually transition from full-time work to retirement, balancing work and personal life while securing financial stability.Implementing expert strategies for phased retire...

Top Perks in Civilian Military Employee Benefits Packages You Might Not Know About

Key Takeaways: Civilian military employees have access to unique education assistance programs, uncommon healthcare benefits, and financial perks that enhance their overall benefits package.Understanding and utilizing these lesser-kn...

Members in the TSP might save more money under Secure Act 2.0

On March 29, the bill was passed by the House 414 to 5. In short, the Secure Act 2.0 addresses modifications in employee retirement distribution. Two parts of the bill will influence TSP members and individuals with private employer-sponsored retirement...

Learn About These Strategies for Federal Employees Considering Early Retirement

Key Takeaways: Effective financial planning and maximizing federal benefits are essential strategies for federal employees considering early retirement.Health and lifestyle considerations play a crucial role in ensuring a fulfilling ...

Comparing FEGLI and Private Life Insurance: Know About These Key Differences

Key Takeaways: Comparing FEGLI (Federal Employees' Group

Legal and Financial Considerations for Updating FEGLI Beneficiaries Post-Divorce

Key Takeaways: Updating FEGLI beneficiaries after a divorce involves understanding the legal steps required and addressing the financial implications of these changes.Properly managing beneficiary updates can ensure that your

Exploring the FEGLI Accidental Death and Dismemberment Benefits

Key Takeaways: FEGLI Accidental Death and Dismemberment (AD&D) benefits provide additional financial protection for ...

Learn How to Choose the Best FEDVIP Plan for Yourself

Key Takeaways: Choosing the best FEDVIP plan requires understanding different plan types, evaluating personal dental and vision needs, comparing costs and coverage, and using available comparison tools.Maximizing your FEDVIP benefits...

Federal Employee News: Key Policy Changes to Watch

Key Takeaways: Significant reforms to federal retirement plans are expected in 2024, impacting Thrift Savings Plan (TSP) contributions and FERS pension calc...

How Does Thrift Savings Plan (TSP) Fit Into Your Retirement Strategy? Find Out Here

Key Takeaways: The Thrift Savings Plan (TSP) is a critical component of the retirement strategy for federal employees, offering tax advantages, diverse inve...

Exploring Long-Term Care Insurance Options for Federal Employees

Key Takeaways: The Federal Long Term Care Insurance Program (FLTCIP) provides federal employees with a valuable option for managing future long-term care expenses.Comparing FLTCIP with private long-term care insurance options and und...

How Civilian Military Employees Can Benefit from the GI Bill

Key Takeaways: The GI Bill offers substantial educational benefits to civilian military employees, enabling them to pursue higher education and professional development.Understanding eligibility criteria and the application process i...

Turning 62 Is A Rewarding For FERS Employees.

What is the optimum retirement age for government employees? A federal career is filled with significant achievements. Everyone is afraid of getting older, yet with the federal government, turning 62 might be a reason to celebrate financially. Law enforcement, firefighters,...

How to Reassess and Adjust Your FEGLI Coverage in Retirement

Key Takeaways: Reassessing FEGLI coverage in retirement involves evaluating financial needs, adjusting coverage to match income and expenses,...

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