While in federal service, federal employees are privileged to have an important fringe benefit in the form of group health insurance. Employees enrolled in the Federal Employees Health Benefits (FEHB)…
The Federal Employees Health Benefits (FEHB) program, which includes the Postal Service Health Benefits (PSHB) program, provides health insurance benefits to approximately 8.2 million federal employees, U.S. Postal Service employees,…
In this episode, Dan and Ed break down how TSP beneficiary rules and RMD requirements affect federal employees and their families. They explain the importance of properly naming a TSP…
During Medicare’s Open Enrollment (Annual Election) Period, those individuals enrolled in Medicare (Medicare “beneficiaries”) can change their coverage. Changing their coverage includes switching between Original Medicare (Medicare Part A and…
There is great news for federal employees who rely on qualified healthcare and dependent care spending accounts such as health savings accounts (HSAs) and flexible spending accounts (FSAs) to help…
One of the provisions passed into law as part of SECURE Act 2.0 (December 2022) requires that “catch-up” contributions made by higher-paid employees must go into a Roth account. This…
With less than three months remaining in 2025, now is the time for federal employees and retirees to get busy and perform some year-end retirement planning. The recently passed One…
Many federal employees are familiar with the tax advantages associated with the Roth Thrift Savings Plan (TSP) account. Contributions to the Roth TSP are made with after-taxed dollars (deducted from…
Since 2004, September has been designated as life insurance awareness month by the nonprofit organization Life Happens (https://lifehappens.org). Life Happens is dedicated to helping consumers take personal financial responsibility through…
Since 2004, September has been designated as “life insurance awareness month: by the nonprofit organization Life Happens (https://lifehappens.org). Life Happens is dedicated to helping consumers take personal financial responsibility through…