Posted on Wednesday, 1st November 2017 by Dennis Damp

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In the past, retirement was perceived as an end of an era… sitting in your rocking chair watching life pass you by. Not as a launching pad to new and exciting vistas. Many that retired in the mid to late 1900s were simply worn out from working too hard and making too little. They suffered […]

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Posted on Thursday, 19th October 2017 by Dennis Damp

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Many annuitants change to a lower cost FEHB plan because most plans waive the majority of the deductibles, copayments, and coinsurance payments when you sign up for Medicare Part A & B. One of our newsletter subscribers contacted me about the change to Blue Cross Blue Shield Basic for 2018.  The FepBlue.org site states, “If […]

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Posted on Monday, 9th October 2017 by Dennis Damp

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Open season runs from November 13 through December 11 of this year however some providers already have their 2018 plan brochures available. GEHA sent me an email message listing a summary  of plan changes for 2018 and a link to their 2018 brochure! You can view the GEHA 2018 Brochure on their site and save […]

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Posted on Wednesday, 4th October 2017 by Dennis Damp

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FEHB Premium Increases The U.S. Office of Personnel Management (OPM) announced today that the overall average increase in total premiums for the 2018 Federal Employees Health Benefits (FEHB) Program will rise by an average of four percent. The new 2018 Federal Employee Health Benefit (FEHB) rates were published on October 4th. View the 2018 rates […]

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Posted on Monday, 18th September 2017 by Dennis Damp

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The SEC’s Office of Investor Education and Advocacy (OIEA) and Broker-Dealer Task Force issued an investor alert this summer warning the more than 5 million Thrift Savings Plan (TSP) participants, and investors in other federal government employee retirement plans, that investment scam artists may pretend to be affiliated with a government agency. Legitimate companies will […]

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Posted on Sunday, 3rd September 2017 by Dennis Damp

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The Federal Employees Health Benefits (FEHB) Open season runs from November 13 through December 11 of this year. The 2018 provider brochures should be uploaded soon and when they are released we will present a summary of the 2018 FEHB open season changes and premium increases. Hopefully, the premiums won’t skyrocket like they have and […]

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Posted on Friday, 11th August 2017 by Dennis Damp

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Less than half of our newsletter subscribers are veterans. If this article isn’t of interest to you personally please forward to a veteran that you know or to a family member that served. Starting November 11, 2017, Veterans Day, all honorably discharged veterans will be able to shop online at all military exchanges. I’ve already […]

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Posted on Wednesday, 19th July 2017 by Dennis Damp

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The 2018 COLA increase is projected to be approximately 2.1%.  The Senior Citizen’s League’s June 2017 report, “Based on consumer price index (CPI) data through April of 2017, TSCL estimates that the COLA for 2018 may be 2.1 percent — significantly higher than in recent years, which has averaged only 1% since 2012. This estimate […]

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