FEGLI – Option A – Standard Insurance
Unless you cancel your Option A-Standard Insurance, premiums will be deducted from your annuity through the end of the month in which you reach age 65
Are You Clear On FEGLI
Discussing the elections separately will hopefully allow you to analyze each provision and eliminate the confusion often encountered when one is saddled with reviewing too many things at once.
FEGLI- 50% Reduction Election
Your BASIC life insurance under the 50 percent election will continue at the rate of 1 percent each month until it reaches 50 percent of the original face value.
FEGLI – 75% Reduction Election
Let’s talk about what the FEGLI 75 percent reduction election means.
More On FEGLI
There is no denying, there is no easy way of getting around understanding your benefits and what they mean in retirement.