Some federal employees do not fulfill the requirements to contribute to an Health Savings Account (HSA). Ed Zurndorfer discusses how an alternative (the Health Reimbursement Account or HRA) works, the differences between an HRA and an HSA, and how those who have access to an HRA can utilize its tax-free withdrawals to pay qualified medical expenses more…
Recent Articles
How Federal Employees Can Benefit from the Dependent Care Flexible Spending Account or Dependent Care Tax Credit
Ed Zurndorfer discusses the DCFSA and how federal employees can benefit by utilizing it when they have to pay for daycare expenses for qualifying relatives more…
New Start Dates for Medicare Part B Coverage in 2023
The Social Security Administration issued a reminder this week of upcoming changes in 2023 to Medicare Part B more…
Health Care Flexible Spending Accounts Can Help Ease the Sting of Increasing Out-of-Pocket Medical Expenses
Ed Zurndorfer discusses why federal employees who have never enrolled in an FSA should consider it for 2023 (and why those currently enrolled should reenroll) more…
Questions to Ask When Choosing an FEHB Health Plan for 2023
There is more than just premium cost when choosing a health insurance plan. Ed Zurndorfer presents questions federal employees and retirees should be asking during the upcoming open season — including those planning to retire in the next 5-10 years more…
Federal Employee Health Benefits (FEHB) Program Health Plan Choices
To help federal employees and retirees make the right choice that best meets the medical needs at the least possible cost, Ed Zurndorfer outlines the different types of health insurance plans offered through the FEHB program more…
Some 2023 FEHB Plan Premiums Are Higher for Self Plus One Than Family Coverage
OPM last week issued a list of FEHB plan choices where the enrollee share of premiums for the Self Plus One enrollment type is higher than for the Self and Family enrollment type for the 2023 plan year more…
How to Reduce Medicare IRMAA and Medicare Supplemental Insurance Premiums
Ed Zurndorfer presents strategies to help a Medicare Part B beneficiary avoid or minimize the Income Related Monthly Adjustment Amount (IRMAA), and provides suggestions on how to minimize the cost of Medicare supplemental health insurance plan premiums more…
Medicare Part B and Appealing High Premiums
Ed Zurndorfer discusses how much Medicare Part B beneficiaries pay each year in monthly premiums and appealing higher premiums that are the result of Income Related Monthly Adjustment Amounts (IRMAA) more…
Many Federal Employees Overlook Valuable Health Care Savings During Open Season, OPM Says
The Office of Personnel management encourages federal employees to consider the tax savings available through the Federal Flexible Spending Account during the open season starting Nov. 14 more…