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Monthly Archives: November 2023

FEHB Highlights: Types of Health Plans

11/16/2023
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

11/08/2023
Thrift Savings Plan Monthly Update for October 2023, by Jennifer Meyer, CFP®, ChFEBC℠, AIF® Jennifer Meyer, CFP© October did not bring any relief to weary market participants. For the fourth consecutive month, four of the five core TSP funds were ... Read More

TSP Contributions, COLA Update, and Shutdown News

11/07/2023
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