Posted on Friday, 29th September 2023 by Dennis Damp
Long Term Partners, LLC sent their 2023 enrollee decision period offer letter on September 11. We have until November 9, 2023 to either accept the offer listed under Option 1 or submit a selection form changing coverage to option 2, 3 or 4. If Long Term partners doesn’t receive an election from by this date, […]
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Posted on Friday, 22nd September 2023 by Dennis Damp
Good news for those planning their retirement and annuitants. OPM’s retirement center has improved considerably over the past few years. When I retired 18 years ago, their online support was a shadow of what it is today, this is why I developed and published the Federal Employee’s Retirement Planning website in 2004. When I was […]
Tags: Benefits, CSRS, FERS, OPM Retirement Center, Survivor Benefits
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Posted on Friday, 15th September 2023 by Dennis Damp
According to Wilbert J Morell III, a retired Navy Engineering Project manager, “based on the September economic outlook, the CPI-W is expected to increase above 0.6%, Wilbert predicts the Social Security & CSRS COLA will be 3.4% and the FERS COLA 2.4%.” The estimates increased about a half of a percent since our first article […]
Tags: 2024 COLA, COLA, Inflation, T-Bills, Treasury Bill Yields
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Posted on Friday, 8th September 2023 by Dennis Damp
The Postal Service Health Benefits (PSHB) Program will replace Federal Employees Health Benefit (FEHB) Program coverage for eligible Postal Service employees, Postal Service annuitants, and their eligible family members starting in 2025. Click on this banner to sign up for a complimentary retirement planning session and a FREE retirement planning report This new separate program, […]
Tags: FEHB, Health Care, Medicare Part B, New Health Care System for Postal Employees, PSHB
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Posted on Friday, 18th August 2023 by Dennis Damp
The Office of Personnel Management (OPM) released three videos recently to help federal retirees navigate their online retirement services accounts. Those planning their retirement should be aware of the process; when you leave sign up to access your annuity and benefits information online. This initiative is designed to assist federal employees transition from active service […]
Tags: Federal Retiremnet, OPM Services Online, Retirment Services
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Posted on Friday, 11th August 2023 by Dennis Damp
Please forward this to others needing retirement planning assistance. Those planning their retirement and annuitants require accessible resources to find answers to their retirement questions. The new year is fast approaching and many feds are now determining their best date to retire. Retirement planning is of and in itself a complicated process with many avenues to […]
Tags: Federal Employee Counseling Services, Federal Retirement, Retirement Planning Assistance
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Posted on Friday, 21st July 2023 by Dennis Damp
The 2023 FEHB Open Season will run from November 13 through December 11, 2023. Open Season starts every year on the Monday of the second full work week in November and ends on the Monday of the second full work week in December. OPM sent a FEHB Program Carrier Letter to all FEHB providers on […]
Tags: Federal Retirement, FEHB Premiums, Medicare Premiums
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Posted on Friday, 7th July 2023 by Dennis Damp
Retirees continue to suffer the brunt of inflation’s wrath with little relief on the horizon. Yes, the feds continue to say inflation is waning but few of us feel a sense of relief from the high cost of everything today, especially big-ticket items: housing, rent, gas at the pump, utilities, travel in general, and visits […]
Tags: CD Rates, Fixed Income, I Bonds, T-Bills, The Good Old Day, Treasuries
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