2024 Brings Higher Medicare Part B Premiums & Deductibles
As a federal employee, you become eligible for Medicare Parts A and B on your 65th birthday. Since most federal workers have Medicare taxes...
The Latest Long-Term Care Statistics: Can You Cover The Cost Without Insurance?
According to the OPM, only 267,000 federal workers out of the 11-million eligible currently carry FLTCIP to cover the cost of Long Term...
Do You Really Need Life Insurance Once You’re Retired?
You may have heard talk among your federal co-workers about dropping your FEGLI coverage at retirement. The main concern is the cost of...
Have You Calculated All The Deductions From Your FERS Pension?
Many federal retirees are surprised to learn how much is deducted from their monthly FERS annuity (pension). To help ensure you’ll have...
Have You Developed A Strategy For “Turning On” Your Social Security Benefits?
Back in the good old days, everyone became eligible for Social Security at age 65 and starting your benefits was a straightforward...
Spousal Survivor Benefits: FERS, Social Security & The TSP
When planning your FERS retirement, calculating your surviving spouse’s income after you pass away is a crucial component of your...
The Maximum Taxable Earnings Cap For Social Security Has Increased For 2024
When planning your FERS retirement, it’s important to understand how the Social Security Maximum Taxable Earnings Cap affects you during...
Understanding The Coordination of FEHB & Medicare Coverage
When you’re working for Uncle Sam and covered under FEHB, it may not make sense to enroll in Medicare when you’re eligible at age 65....
Did You Know Long Term Care Premiums Are Tax Deductible?
Since FLTCIP premiums are set to increase significantly as of January 1, 2024, you may want to consider purchasing long term care (LTC)...
Tips For Increasing Your Monthly FERS Pension In Retirement
For FERS participants, your monthly annuity (pension) is a source of income you can count on in retirement. When you consider your federal...
