Posted on Saturday, 12th November 2016 by Dennis Damp

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Each year active federal employees and annuitants must obtain hard copies of plan brochures and general information about open season.  I review plan changes each year and confirm that our doctors and medical facilities are still on the provider list. OPM does send out an informative Open Season Health Benefits guide to all participants that […]

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Posted on Sunday, 23rd October 2016 by Dennis Damp

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WOW! They finally approved a COLA increase.  It’s amazing how low they can go, .03 Percent for 2017. If your federal retirement annuity is $2,000 per month, you will see $6 more in your check. The average Social Security increase is $4 a month!  The Federal Reserve continues to keep interest rates so low that […]

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Posted on Friday, 14th October 2016 by Dennis Damp

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I was fortunately able to get an early start on this year’s FEHB Open Season that runs from November 14 through December 12.  Last week’s column discussed the average 4.4% premium increase for 2017 and post card that GEHA sent about changes to my plan. I was able to download the GEHA 2017 plan brochure; […]

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Posted on Thursday, 6th October 2016 by Dennis Damp

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  OPM announced that the 2016 FEHB Open Season will run from November 14th through December 12 of this year. The 2017 plan rates were released early this year and the average FEHB premiums will increase by 4.4 percent. My wife and I are enrolled in the GEHA Standard Self Plus One plan and our […]

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Posted on Wednesday, 7th September 2016 by Dennis Damp

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Too often the feedback we receive, either solicited or given freely, at work and home is delivered with little tact and therefore ignored or disputed. I recently read an article in the Tribune Review titled “Constructive Feedback Crucial for Career Progress,” by Chris Posti that provided excellent advice for anyone wishing to advance in their […]

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Posted on Monday, 1st August 2016 by Dennis Damp

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FEGLI Open Season Update A number of our subscribers have sent questions about the upcoming FEGLI Open Season and are not sure what options to consider. Open season runs from September 1 through September 30, 2016. It’s time to review your current insurance coverage and determine your true insurance needs before it’s too late. You […]

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Posted on Friday, 10th June 2016 by Dennis Damp

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I applied for Long Term care insurance when it was first offered as a benefit in December of 2002. Our premiums for the Future Purchase Option (FPO) at that time were reasonable for the 5 years of coverage we elected; $73.57 monthly for my wife and I.  My premium for the Future Purchase Option was […]

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Posted on Wednesday, 2nd March 2016 by Dennis Damp

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Social Security File & Suspend I discussed in a recent column the process my wife and I went through to file and suspend my Social Security benefits.  I did this so that my wife will now be able to collect a spousal benefit while I deferred collecting until age 70 and my benefit will increase […]

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