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The 2026 FEHB & PSHB Open Season Selection Guide

Posted on Thursday, 6th November 2025 by Dennis Damp

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Open season runs from November 10th through December 8th. Tools are available to evaluate provider options, select your 2025 plan, and submit changes to OPM. Most FEHB plans will see benefit and rate changes for the upcoming year. Some plans are dropping out of the program, and others are changing their service areas or coverage […]

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Medicare & You 2026 – Significant Changes on the Way

Posted on Friday, 31st October 2025 by Dennis Damp

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This guide is worth the time and effort to review and learn about your exceptional Medicare benefits. From signing up, what Medicare covers, the various plan options to consider, and how to get help paying for your healthcare drug costs, to your rights and protections. Every year, Medicare sends out its “Medicare & You” pamphlet […]

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A 30-second Check Could Change Your Retirement Plan

Posted on Monday, 20th October 2025 by Dennis Damp

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Taking this 30-second check will help you navigate the often-complex federal retirement system. PARCO’s easy-to-use, free platform enables all Federal Employees (FERS, CSRS, Special FERS, and FSPS) to view their benefits and optimize their federal retirement. PARCO’s Free Platform is used by thousands of FERS and CSRS employees across the country and around the world.   […]

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Inflation Concerns and High Prices Persist – What’s Next

Posted on Friday, 10th October 2025 by Dennis Damp

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Last year, I posted an article titled “Too Much Too Soon & Cable TV Subscription Costs,” in which I discussed automation and the high cost of cable TV subscription services. Ramifications of the Federal Shutdown – The Reality The house we visited a year ago finally sold last month, at 25% below its original asking […]

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Roth Conversion Article Update and Income Tax Impact

Posted on Thursday, 25th September 2025 by Dennis Damp

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My article, titled “TSP Traditional to ROTH IRA Conversions Coming Soon,” has one area that needs further clarification and one typo under the “Benefits and Timing” heading. Additionally, I had intended to address the income tax impact in a separate article; it is included here for convenience. I illustrated how much a couple with total […]

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TSP Traditional to ROTH IRA Conversions Coming Soon

Posted on Friday, 19th September 2025 by Dennis Damp

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Starting in January 2026, you can perform TSP Roth in-plan conversions to move money from your traditional TSP to a Roth TSP, paying taxes on the converted amount that year. Alternatively, you can transfer your traditional TSP funds to a Roth IRA, which is a taxable event. For Roth in-plan conversions, you must use personal […]

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TSP Required Minimum Distributions, Annuities, and Transfers

Posted on Friday, 5th September 2025 by Dennis Damp

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Gail recently asked, “If I use my Thrift Savings Plan (TSP) Required Minimum Distribution (RMD) to purchase an annuity, can I avoid paying taxes on that RMD?” Using your Thrift Savings Plan (TSP) Required Minimum Distribution (RMD) to purchase an annuity doesn’t eliminate the taxes due on the withdrawn funds. RMDs are Taxable as Ordinary […]

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I Never Thought to Ask! How About You?

Posted on Thursday, 21st August 2025 by Dennis Damp

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Thanks to a kind and skilled pharmacy technician, my prescription costs for Asmanex decreased from $135 a month to $39! This is a welcome reprieve from one of the medications I take. Asmanex is the only asthma inhaler I can use without significant side effects. GEHA didn’t cover it in the past, and I purchased […]

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