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 Retires Early—But Not Without These Rarely Mentioned Tradeoffs
- Also Read: Why the FERS Supplement Is Still a Lifeline for Early Retirees—But a Risky One
- Also Read: You May Be Eligible for Medicare Soon—Here’s How It Affects Your Other Coverage
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
