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 […]
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, […]
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 […]
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 […]
Navigating health insurance can be a daunting task, especially for federal workers and their families. The Office of Personnel Management (OPM) offers a comprehensive guide known as the FEHB Handbook, which outlines the intricacies of health coverage for active and retired federal employees and their eligible family members. In […]
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 […]
As federal employees and retirees approach the age of 65, Medicare often becomes a topic of discussion. However, there are several myths surrounding Medicare and the Federal Employees Health Benefits (FEHB) program that have led to confusion and misinformation. In this article, we will debunk 10 of these myths […]
Losing a loved one is never easy, and when the financial security of your family hangs in the balance, the last thing you want is a delay or denial in claiming the Federal Employees’ Group Life Insurance (FEGLI) death benefits. In this article, we will explore the process of […]
As you prepare for retirement, you might have pondered the question: Can I take my Federal Employee Retirement System (FERS) or Civil Service Retirement System (CSRS) pension as a lump sum? The thought of receiving a sizable sum upfront instead of monthly payments for life can be enticing. In […]
Retirement marks the culmination of years of dedication to your federal service. However, to ensure that your retirement years are as fulfilling and comfortable as you’ve imagined, it’s crucial to navigate the complexities of federal retirement systems carefully. In this article, we’ll delve into ten common missteps that federal […]
