Federal employees and retirees who are enrolled in the Federal Employees Health Benefits (FEHB) program have three enrollment choices. The enrollment choices are: (1) Self Only; (2) Self Plus One;…
The 2025 Medicare open enrollment period (OEP) started on October 15,2024 and will continue through December 9, 2024. During the OEP, those individuals aged 65 and older and enrolled in…
One of the ways that the FEHB program reduces costs and holds premium costs is by imposing restraint on health care provider choices including doctors, hospitals, laboratories for blood tests…
Federal employees become eligible to enroll in Medicare when they become age 65. This is because an employee during his or her working lifetime has paid the Medicare payroll tax…
The calendar says it is the middle of October. The Medicare annual enrollment period (AEP) has started, and the annual federal benefits “open season” is less than one month away.
It is the beginning of October and the year 2024 will end in less than three months. December 31,2024 is an important deadline for retired Thrift Savings Plan (TSP) participants…
Federal annuitants over age 65 have choices with regard to Medicare. There are four parts to Medicare. They are: (1) Medicare Part A – Hospital Insurance; (2) Medicare Part B…
The recent FEDZONE column entitled “Understanding Spousal IRA Beneficiary Rules” reviewed three IRS regulations concerning the naming of a surviving spouse as the beneficiary of the deceased spouse’s traditional IRA.
This column reviews three important required minimum distribution (RMD) rulings with regard to the naming of a surviving spouse as the beneficiary of the deceased spouse’s traditional IRA.
Much has been written in recent years in financial journals and media outlets about the year-of-death required minimum distribution (RMD). Nevertheless, the rules governing the year-of-death RMD continue to confuse…