Weekly Quiz #33: Are You Ready for FEHB Open Season?

Take our weekly quiz, this one’s about HSAs, FEHB, Medicare, and TSP strategy!

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Created on November 16, 2022 By Benefits Ben

Quiz 33: FEHB, Health Savings Accounts, and TSP Planning

This week we’ve got an FEHB/Medicare question along with an HSA question for Open Season. Plus, a question on TSP tips.

1 / 3

If you have an FEHB plan plus “Traditional Medicare” – is Medicare or FEHB considered your primary health insurance?

Medicare

FEHB

Neither

Both

The answer is Medicare. This is for “traditional” – meaning both Medicare A and B. Read More Here.

2 / 3

What is the maximum contribution amount for HSAs in 2023?

$3850

$7050

$3850 (individual) / $7550 (family)

$3850 (individual) / $7050 (family)

The answer is $3850 for individuals and $7750 for families. Read More Here. 

3 / 3

Which of the following is NOT one of Jennifer Meyer’s tips to forming a TSP strategy?

Base it on sound economic principles, such as asset allocation.

Make it easy to stick to, even when a bear market comes.

Make sure you understand it – not overly complicated

Develop at least three to four back-up strategies

“Develop at least three to four back-up strategies” is not one of Jen’s TSP tips. Having a back-up means you’re not confident you’ll stick to your current strategy. Read More Here.

Your score is

The average score is 66%

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**Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Benjamin Derge and not necessarily those of RJFS or Raymond James. Links are being provided for information purposes only. Expressions of opinion are as of this date and are subject to change without notice. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors.

FEHB Open Season Quiz