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: Law Enforcement Officers Have Special Retirement Perks—Are You Getting the Most Out of Yours?
- Also Read: Want to Leave Before 62? Here’s the Tradeoff Most Federal Workers Don’t Consider
- Also Read: 3 Ways CSRS Retirees Can Avoid Social Security Reductions Due to the Windfall Elimination Provision (WEP)
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
