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A 2024 Retiree’s Reflections, Thoughts, and Comments

Posted on Friday, 13th December 2024 by Dennis Damp

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I close out each year with a few last-minute updates and observations. My next article won’t be published until early January. It’s time to celebrate the holidays and just sit back and relax. At the age of 75, soon to be 76, I realize just how fortunate we are, and much of that is thanks […]

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2025 Open Season Round Up – What You Need to Know!

Posted on Friday, 29th November 2024 by Dennis Damp

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More FEHB and PSHB plans are offering Medicare Prescription Drug Plans (MPDPs) this open season. I reviewed several plan brochures, and you must opt-out if you have Original Medicare and want to remain in your provider’s prescription drug plan. Blue Cross and Blue Shield started offering MPDPs last year. Once enrolled in an MPDP, you […]

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Medicare Advantage Plan Primer – What You Need to Know

Posted on Saturday, 2nd November 2024 by Dennis Damp

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I receive many questions about MA options; few know what to expect or who pays for what. Hopefully, this article will answer many of your questions and provide insight into coverage issues that may arise in certain areas. Follow the links to learn more about subjects of interest. Click on this banner to sign up […]

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Fixed Income – Yields Decrease as Feds Reduce Rates

Posted on Friday, 4th October 2024 by Dennis Damp

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The Federal Reserve lowered its benchmark interest rate September 18th by .5 percent (50 basis points), the first rate cut in four years! This rate cut lowers the Fed’s benchmark short-term rate to 4.75% to 5% from a 23-year high of 5.25% to 5.5%. The cut slightly eased borrowing costs for consumers across the board. […]

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2025 Federal Employee’s Leave Record Now Available

Posted on Thursday, 8th August 2024 by Dennis Damp

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Share this Excell Leave Record Chart with everyone in your organization. Each year we publish a comprehensive leave record that federal employees can use to track their annual and sick leave, comp, and credit hours used. Our updated 2025 Excel Leave Chart is designed for active federal employees that are planning their retirement and need […]

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2025 COLA Estimates & Retirement Processing Update

Posted on Friday, 28th June 2024 by Dennis Damp

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Last year’s 3.2% COLA for Social Security and the Civil Service Retirement System (CSRS), and 2.4% for Federal Employees Retirement System (FERS) dropped considerably from the 2023 COLA of 8.7% CSRS and 7.7% FERS. The highest in over 40 years. Costs continue to increase for most essentials. The costs of all items have increased around […]

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Retirement Progression – One Day at a Time to Infinity

Posted on Friday, 15th March 2024 by Dennis Damp

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I felt liberated from the day-to-day work schedule of the past 40 plus years when I first retired, and I see this excitement in new retirees that I encounter.  Most, with some reservations, feel such a sense of elation when they walk out the door for the last time and realize their new life begins […]

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Updated Guidance, Clarifications, & Observations

Posted on Friday, 23rd February 2024 by Dennis Damp

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I’ve written hundreds of articles for our newsletters and blogs and updated our Federal Employee’s Retirement Planning Guide frequently over the past 20 years. Even though we update our sites as needed, our blogs, newsletters, and at times our websites are time sensitive. Due to federal regulations, benefits, and financial planning guidance changes, over time, […]

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