SAVE-SAVE-SAVE
Save Remember the laundry list of things we talked about building in order to retire well in our FLEXIBLE Plan post. Now we come to the all important aspect of SAVING. We learned from our parents as children to save in the event of the unexpected. There is no avoiding the unexpected – things happen. No matter how […]
Building A Flexible Federal Employee Retirement Plan
One of the most important components of the plan is flexibility. Life changes, people change, and as we know – the world and what makes it run – the economics of supply and demand – impacting the way we live also changes.
An Economically Changing World
The world is changing. We face more economic challenges today than the majority of the current workforce has ever witnessed.
NEWSLETTER WEEKLY
~~NEWSLETTER WEEKLY – WINTER RETIREMENT SUMMIT I had the wonderful opportunity to receive an invitation to attend and cover for this newsletter the 2014 Winter Retirement Summit sponsored by the United States Securities and Exchange Commission (SEC) and the American Retirement Initiative Program in the nation’s capital on February 4, 2014. While we realize that understanding […]
FEGLI – SUMMARY
Hopefully the information shared in the posts will serve as a tap on the shoulder, a reminder that it is far better to put your own plans in place long before you need to so that your family members won’t have to.
FEGLI – Option C
Option C –Family Insurance.
FEGLI OPTION B – Additional Insurance
You should compare your FEGLI Rates online by searching for FEGLI comparisons and/or FEGLI Calculators to find out what other options are available for you.
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.
