Author - The Assistant

Blog_Surviving_Spouse
23 Jan

A Comprehensive Guide for Surviving Spouses

Losing a spouse is an emotionally challenging experience, and when that spouse is a federal employee, understanding the complex web of benefits during such a difficult time can be overwhelming. In this article, we’ll provide a thorough overview of the key benefits available to surviving spouses of federal employees who pass away while in service. Please note that the information provided here is specifically for spouses of current federal employees, not those who have retired.
1. FERS Spousal Survivor Annuity
If […]

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Blog_3_Years_Before_Retirement
16 Jan

Essential Steps for Federal Employees in the Final 1-3 Years Before Retirement

As you approach the final years of your federal career, it’s akin to a runner gaining momentum when the finish line comes into view. The anticipation and excitement are palpable, but amidst this, caution is crucial. You’ve worked hard, and your retirement goals are within reach. However, don’t let the excitement distract you from the essential steps needed to ensure a seamless transition. If you’ve followed the career phases outlined earlier, you’re on the right track. Now, let’s explore […]

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09 Jan

Federal Life Cycle: A Comprehensive Guide for Early Career Success

Starting a federal career is a significant milestone, but the complexities of the benefits package can be overwhelming for new employees. How many times have we heard, “I wish I knew that before”? Today, we’re exploring the early career phase, aiming to equip you, as a federal employee, to confidently traverse the terrain without any regrets. Let’s break down the essentials for a successful start to your federal journey.
1.Take Advantage of FEGLI Life Insurance: Securing Your Financial Future
New employees […]

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02 Jan

The Best Dates for Federal Employees in 2024

Deciding when to retire can be a pivotal decision for federal employees, and the choice of the retirement date can impact the financial aspects of their transition significantly. Among the myriad of options, one date stands out as a favorite among federal employees – December 31st. In this article, we’ll explore why this date is preferred and we’ll see the other strategic retirement dates for federal employees in 2024.
The December 31st Advantage
The consensus among federal employees is that December […]

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26 Dec

Unlocking the Power of FEGLI Life Insurance Assignment

Life insurance is a valuable financial asset, providing peace of mind and financial security to policyholders and their loved ones. For federal employees and annuitants, the Federal Employees Group Life Insurance (FEGLI) program offers a unique opportunity to assign their life insurance coverage to someone else. This assignment can have significant implications for their rights and estate planning. In this blog post, we will explore the ins and outs of FEGLI insurance assignment, its effects, and the reasons why […]

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19 Dec

Converting FEGLI Coverage to an Individual Life Insurance Policy: Your Path to Secure Coverage

As federal employees, we often rely on the Federal Employees’ Group Life Insurance (FEGLI) program for our life insurance needs. However, life is full of unexpected changes, and there may come a time when you need to transition from FEGLI to an individual life insurance policy. In this blog, we’ll explore the process of converting your FEGLI coverage to an individual life insurance policy and understand the why behind this important decision.
 
Understanding the FEGLI Conversion Policy
When your FEGLI life […]

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12 Dec

Navigating the Thrift Savings Plan’s G-Fund in the Battle Against Inflation

The Thrift Savings Plan (TSP) is a cornerstone of retirement savings for federal employees, offering a range of investment options to help secure their financial future. Among these options, the G-Fund stands out as a unique and attractive choice due to its guarantee of never providing a return less than zero. However, as retirees plan for their future, a pressing question arises: Can the G-Fund effectively combat the eroding effects of inflation? In this comprehensive exploration, we will delve […]

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05 Dec

A Comprehensive Guide to Federal Employee Survivor and Death Benefits

In life, we often hope for the best but must prepare for the worst. The sudden death of a federal employee can be a devastating event, both emotionally and financially. To help you navigate this difficult situation, we’ve created a step-by-step guide to ensure that your loved ones are aware of the benefits available to them and the necessary actions to take in the event of your passing during service. In this article, we will explore four primary in-service […]

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21 Nov

Key Components to Include in Your Retirement Plan: Medicare, Survivor Benefits, and Health Savings Accounts

When planning for retirement, many of us tend to focus on traditional aspects like savings accounts, investments, and pension funds. While these are undoubtedly crucial, there are other facets of retirement planning that often get overlooked. In this article, we’ll delve into three essential elements of retirement planning that you should consider: Medicare, survivor benefits, and Health Savings Accounts (HSAs).
 
Medicare
Let’s start with Medicare—a topic that doesn’t often get the attention it deserves in retirement planning discussions. We all know […]

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