Benefits news
DailyFED's benefits section reports changes to the insurance programs federal employees and retirees rely on: FEHB premiums and plan changes, Open Season dates, FEGLI, FEDVIP and FSAFEDS, the Postal Service Health Benefits program, and Medicare rules that affect federal retirees.
September20242 stories
- What Happens To Your FSA Accounts When You Retire?As a federal employee, you’re able to choose from a selection of Flexible Spending Accounts (FSAs) to pay for certain healthcare expenses that are not covered by your FEHB...
- What Happens To Your FERS Pension If You’re Re-Employed By Uncle Sam?FERS retirees may decide to return to work for Uncle Sam for any number of reasons.
August20245 stories
- 3 Reasons To Drop FEGLI Option B By Age 50The Federal Employees’ Group Life Insurance (FEGLI) Program is the largest group life insurance program in the world, covering over 4 million Federal employees, retirees, and...
- Understanding The FERS Special Retirement Supplement (SRS)Many federal workers don’t fully understand what the FERS Special Retirement Supplement (SRS) is all about.
- What You Need To Know About FEHB Survivor BenefitsYour Federal Employees Health Benefits (FEHB) program provides excellent healthcare insurance options for you and your family.
- The Advantages Of Coordinating TSP And Social SecurityAs a FERS participant, one of the many decisions you have to make when planning your retirement is choosing when to “turn on” your Social Security benefits and when to start...
- How The TSP Works Upon Your Separation From ServiceDid you know that you can complete most TSP transactions entirely online when you log in to My Account?
July20245 stories
- Back To Basics On Federal Employees’ Group Life Insurance (FEGLI)Let’s break down the four basic components of FEGLI - Basic Insurance, Option A (Standard Optional Insurance), Option B (Additional Optional Insurance), and Option C (Family...
- The Pros & Cons Of The FERS Survivor AnnuityWhen you retire, your FERS annuity (pension) is subject to a number of deductions - from your FEHB and FEDVIP premiums to deductions for your federal income taxes.
- Calculating The Value Of FEHB In RetirementLet’s face it - one of the top reasons people want to work for the government is the value of federal employee benefits, especially in retirement.
- Is It Worth Keeping FEGLI In Retirement?When hired, federal workers are automatically enrolled in the Federal Employees’ Group Life Insurance (FEGLI) Basic plan with the ability to sign up for Optional policies (A...
- Social Security 101 - Let’s Review The BasicsA recent survey by the Nationwide Retirement Institute® sheds light on the gaps in our understanding of Social Security.
June20243 stories
- OPM Cracks Down On Ineligible FEHB MembersOne billion dollars is a BIG number.
- What You Need To Know About Choosing A FERS Survivor AnnuityWhen completing the application for your FERS retirement, one of the most important decisions you have to make is electing a survivor benefit for your spouse.
- New Postal Service Health Benefits Program To Launch In 2025When President Biden signed the Postal Service Reform Act into law on April 6, 2022, the new legislation mandated OPM to set up a health insurance program specifically for USPS...
May20242 stories
- Mark Your Calendar For The Next FEHB Open SeasonThe next Federal Employees Health Benefits (FEHB) Open Season will run from November 11, 2024, through December 9, 2024.
- Unlocking The Full Power of Your Health Savings AccountWhen you enroll in an FEHB High Deductible Health Plan (HDHP) with a Health Savings Account (HSA), you gain a powerful tool to help offset out-of-pocket medical expenses.
March20243 stories
- Top 5 Myths About Carrying FEHB Into RetirementAs a federal employee, one of the most valuable benefits you can continue into retirement is your Federal Employees Health Benefits (FEHB) plan.
- Your FEHB Enrollment Options In RetirementThe Federal Employees Health Benefits (FEHB) program offers a wide selection of PPO, HMO and FFS plans to meet your needs in retirement.
- Have You Prepared For When You Or Your Spouse Die?According to the Bureau of Labor Statistics (BLS), approximately 60% of married couples have a two-income household.
What we cover here
- FEHB premiums. OPM's yearly premium announcement, reported the day it posts.
- Open Season. Dates, plan changes, new and departing plans.
- FEGLI and FEDVIP. Rate and program changes.
- Medicare. Part B, IRMAA and how changes affect FEHB retirees.
- PSHB. News for Postal Service employees and retirees.
The rules behind the headlines
- How FEHB works and keeping it in retirement
- Open Season, step by step
- FEHB and Medicare at 65
- FEGLI life insurance
Compare every plan's premium on the FEHB premiums page, or weigh Part B with the FEHB vs Medicare tool.
When the news affects your coverage
A premium jump or a plan leaving your area can force a decision. A Federal Retirement Consultant (FRC®) can help you think through your options before Open Season closes. Get matched with an FRC, free.
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