Here’s a surprise that catches a lot of federal employees off guard: updating your will doesn’t automatically update who inherits your TSP. …
FEGLI
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Benefits
Tips for Federal Employees Considering Private Life Insurance
by fedadvantageby fedadvantageAs FEGLI premiums increase, particularly as retirement approaches, many federal employees start looking at alternatives. Whether that means transitioning to a private …
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Created in 1954, the Federal Employees’ Group Life Insurance (FEGLI) program is the world’s largest group life insurance plan, covering more than …
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FEGLI, the Federal Employee Group Life Insurance program, is one of the largest term life insurance programs in the world. But it’s …
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Benefits
Insurance Options After Leaving Federal Service or Retiring
by fedadvantageby fedadvantageFederal employees benefit from a robust lineup of insurance programs, many of which can extend beyond active employment—whether into retirement or after …
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Having the distinction of being the world’s largest group life insurance program, the Federal Employees’ Group Life Insurance (FEGLI) Program covers over …
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As you approach retirement, it’s crucial to reassess your insurance coverage to ensure you’re not overpaying for policies that may no longer …
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Benefits
Maximizing Your FERS Pension: Insights into Deductions in Retirement
by fedadvantageby fedadvantageEntering retirement as a federal employee often brings surprises regarding the deductions from your monthly FERS annuity (pension). To ensure your retirement …
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Considering dropping your FEGLI coverage upon retirement? It’s a decision often pondered among federal employees due to concerns over age-based premiums impacting …