Our deep dive into the Federal Employee Health Benefits (FEHB) program continues with a look the types of health plans available. OPM’s FEHB Handbook is a dense digital document that details all the technicalities around health insurance for active and ... Read More
Why FEHB Enrollees May Want to Take Second Look at Medicare Part D
11/15/2023
Inflation Reduction Act makes FEHB enrollees able to benefit from Medicare part D. 17 FEHB Plans will offer a Medicare part D component in 2024. FEHB open season is the time to evaluate the costs and benefits of part D. ... Read More
Social Security for Feds: Understanding the Earnings Test
11/15/2023
Understanding the earnings test for both social security retirement benefits and the FERS special retirement supplement (SRS) For both Social Security and the FERS special retirement supplement (SRS), there is an earnings test that can reduce or eliminate either benefit. ... Read More
The Fed15 Podcast: The FERS Retirement Supplement
11/14/2023
Dan goes over the FERS Special Retirement Supplement while Katelyn talks federal news. The Fed15 Podcast (Ep. 22): The FERS Retirement Supplement Planning to retire before age 62? Make sure you understand the FERS retirement supplement, including why it exists ... Read More
Federal Government Shutdown Just Days Away
11/13/2023
•Friday November 17th is the next deadline for Congress to prevent a government closure. •New Speaker of the House is facing same struggles as his predecessor. •Federal government employees face furloughs for first time since the 2018-2019 shutdown Covering government ... Read More
Federal Employees Retirement: WEP & GPO Explained
11/13/2023
The windfall elimination provision (WEP) and the Government Pension Offset (GPO) There are around a million social security beneficiaries that are impacted by the Windfall Elimination Provision (WEP). This calculated restriction on benefit amounts affects retirees who receive a pension ... Read More
FedLife Podcast: Federal Employee Health Benefits and Medicare Myths
11/10/2023
Is Medicare free? Should you get a medigap plan? Are you “over-insured”? Is dropping FEHB in retirement a good idea? – Learn the answers to these questions and more! Don’t miss our Special FEHB Open Season Webinar on November 28th ... Read More
FEHB Open Season: Decision Time for Federal Employees (Part I)
11/09/2023
With the Start of Benefits FEHB Open Season, Employees Need to Make Decisions About Their Insurance Benefits – Part I Starting November 13,2023 and ending December 11,2023, federal employees and retirees will be making decisions about their health, dental and ... Read More
TSP Funds Continue to Sink, but Only F Fund is Negative for Year-to-Date
The roundup of news for federal workers. Learn about the SECURE Act 2.0, proposed legislation to equalize cost-of-living adjustments for FERS retirees, and what’s up with the potential shutdown? This week’s overview of news for federal employees covers three important ... Read More