FIRST PUBLISHED ON COMPAREFEGLI.COM
Trustee Designation For FEGLI Death Benefits
Did you know that federal employees and retirees can establish a trust to receive your FEGLI death benefits? This can be done through an inter vivos (living) trust, or through a testamentary trust that is created through your will upon your death. Your survivors and beneficiaries can then purse the claims to receive the benefits
- Also Read: Comparing HSA Rules and FSA Rules: Key Differences for Federal Retirees
- Also Read: How-to Maximize TSP Contributions & Investing: Compare Roth vs Traditional Options
- Also Read: Case Study: Using a Bucket Strategy with TSP for Federal Retirement Income
These links will give you more information about FEGLI and survivor benefits. Stay informed! READ MORE:
OTHER FEGLI RELATED ARTICLES:
What is FEGLI Option A, Option B and Option C?
Evaluating your life insurance policy by Todd Carmack
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
