FLTCIP enrollees were sent sent letters this month about the premium increase with personalized options more…
FLTCIP (Federal Long Term Care Insurance Program)
Is a Reverse Mortgage a Viable Option for Paying Long-Term Care Expenses?
Ed Zurndorfer discusses what a reverse mortgage is, how it works, its advantages and disadvantages, and how it can help employees and retirees pay the expenses associated with long-term care more…
Should Federal Employees Self-Insure for Future Long-Term Care?
Ed Zurndorfer provides five questions for federal employees and retirees to consider about self-insuring for their future long-term care needs more…
OPM Suspending Long-Term Care Insurance Applications Due to Premium Concerns
The carrier that operates the Federal Long Term Care Insurance Program (FLTCIP) issued a warning to the Office of Personnel Management that current premiums are unsustainable and it likely would have to request significant rate increases more…
Using the TSP, IRAs and HSAs to Help Pay for Future Long-Term Care Expenses
Federal benefits expert, Ed Zurndorfer, describes how federal employees in retirement can use financial resources from their Thrift Savings Plan, IRAs, and Health Savings Accounts to pay for the costs of long-term care more…
Understanding Your Future Long-Term Care Needs — Part III
Not every individual can qualify for long-term care insurance, its premiums can be unaffordable, and benefits paid may not be deployed as soon as the insured needs them. Federal benefits expert, Ed Zurndorfer, discusses some alternatives more…
Understanding Your Future Long-Term Care Needs — Part II
One way for paying for long-term care expenses is having long-term care insurance. Federal benefits expert, Ed Zurndorfer, outlines the Federal Long-Term Care Insurance Program (FLTCIP): who is eligible, how to apply, the benefit choices, and the options for paying premiums… more…
Understanding Your Future Long-Term Care Needs — Part I
Federal benefits expert, Ed Zurndorfer, discusses what federal employees should know in preparing for their future long-term care needs more…
New Long Term Care Insurance Plan FLTCIP 3.0
Federal retirement expert, Chris Kowalik, discusses who is eligible for the FLTIP 3.0 version, what options 1.0 and 2.0 participants have, changes in the benefit periods and inflation protection options, and the premium stabilization feature more…
New Long-Term Care Insurance Plan Option Announced by OPM
The new plan includes a premium stabilization fund designed to reduce future spikes in premium increases. A guide booklet is available. more…