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Closing Out the Old and Bringing in the New

Posted on Monday, 26th December 2011 by Dennis Damp

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It has been a busy year; from changing FEHB providers to new business ventures, an operation, travels, and more.  One of the most significant for me and my wife was switching from Blue Cross Blue Shield Basic (BCBS) to the Government Employees Health Association (GEHA) Standard option during the FEHB open season. When I retired […]

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Treasury Direct Logon Help plus FEHB & Jobs Updates

Posted on Thursday, 1st December 2011 by Dennis Damp

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I received an email from Treasury Direct last month informing participants about security upgrades at their site. After you register under the new system you no longer need an access card to log into your account. It went on to say that you will receive an e-mail containing a one-time pass code and the opportunity […]

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Saving Grace, Fear of the Unknown, and Keys to a Long Life

Posted on Friday, 23rd September 2011 by Dennis Damp

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Saving Grace (Ways to Save) I often mention just how important it is to retire with minimum debt and that means paying off your mortgage and credit cards. I’m not the only one that preaches being debt free in retirement. Money Magazine featured an article titled “Live Well On Less” in their October 2011 issue […]

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Is A Voluntary Early Retirement (VERA) in Your Future?

Posted on Tuesday, 26th July 2011 by Dennis Damp

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Updated 2/10/2024 When I attained 25 years of service at age 44, I felt a great sense of relief. I knew that with 25 years of creditable service I would at least be eligible for an early retirement, and I could apply for a VERA and VSIP if offered. The FAA received VERA authority in […]

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Your Last Day, Retiree Jobs, and Updates

Posted on Monday, 14th March 2011 by Dennis Damp

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Your last Day How can you ensure that your exit doesn’t cause you or your agency problems? There are many loose ends to sew up the last few days of employment that if not done properly can delay payment of your first check or cause other problems. I still hadn’t received my retirement Personnel Action […]

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Military Credits, Health Care, Survivor Benefits, TSP, and Updates

Posted on Tuesday, 22nd February 2011 by Dennis Damp

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Please Forward This Email to Others That Would Benefit From This Information Military Credit Clarifications Military credit is one of the most confusing issues for those planning their retirement. We recently expanded our Military Credit section to help federal employees evaluate their personal situation. Buying back your military time can increase your annuity; however, it […]

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Survivor Annuity, Retire Happy, Save a Life – Maybe Your Own, & UPDATES

Posted on Monday, 27th September 2010 by Dennis Damp

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A soon to be retired fed contacted me last month about an estimate they received from their HR department with a grossly incorrect survivor benefit cost estimate. The employee was advised that a full survivor benefit for their spouse would reduce their monthly benefit by one third!  Incorrect high estimates like this can put the […]

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FERS Supplements, Deferred Annuities and the Travel Forum

Posted on Thursday, 26th August 2010 by Dennis Damp

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The FERS supplement and deferred annuities have attracted considerable attention recently. Many are thinking seriously about early retirement these days. Thankfully we have Linda Duncan, our HR and Benefits Forum Host, available to handle these often complex issues for our site visitors. We recently added a Travel Forum and Nancy Holston’s article titled New England […]

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