Don’t overlook these important rules when planning for federal retirement
FEHB (Federal Employees Health Benefits)
FEHB Could Be Wasting $1 Billion Per Year, GAO Report Says
The report indicates that due to a lack of information about the number of ineligible family members receiving payments, the Federal Employees Health Benefits program could be wasting nearly $1 billion each year
Spousal Survivor Annuitants Also Need to Make Decisions During Federal Benefits Open Season
Ed Zurndorfer outlines the decisions that spousal survivor annuitants can make with respect to their health, dental and vision insurance and flexible spending accounts during the current open season.
What Is a Health Reimbursement Account and Who Can Own One?
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
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
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
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
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
Divorce and Federal Employees – Part II: Federal Health and Life Insurance Benefits
Federal benefits expert, Ed Zurndorfer, discusses how how divorce may affect federal employee health (FEHB) and life insurance (FEGLI) benefits
Rules for Keeping FEHB in Retirement
Federal retirement expert, Chris Kowalik, outlines the three rules federal employees must follow to be allowed to keep their health benefits (FEHB) in retirement