Posted on Friday, 9th October 2020 by Dennis Damp
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 2021 Excel Leave Chart is designed for active federal employees that are planning their retirement and need to establish realistic target retirement dates. The new Excel 2021 Leave […]
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| Comments (0)Posted on Saturday, 26th September 2020 by Dennis Damp
The Federal Employees Dental and Vision Program (FEDVIP) has 3.3 million enrollees including 1.7 million enrollees enrolled in both programs. This program provides dental and vision benefits to a total of 6.9 million Federal employees, uniformed service members, retirees and their family members. Request a Federal Retirement Report™ to review projected annuity payments, income verses expenses, […]
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Posted on Friday, 25th September 2020 by Kevin Moss
The 2021 FEHB Open Season runs from November 9th through December 14th. For 42 years, Consumers’ Checkbook has published our annual Guide to Health Plans for Federal Employees to help active and retired federal employees find the best FEHB plan for them. By asking you a few questions about yourself and your family, the Guide […]
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| Comments (0)Posted on Friday, 18th September 2020 by Dennis Damp
I receive many questions this time of year about the retirement process and required forms. It can take several months for HR to process your papers and send them to the Office of Personnel Management (OPM) for final determination of your claim. Many federal and postal workers elect to retire at end of year because […]
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Posted on Saturday, 12th September 2020 by Dennis Damp
We can expect a smaller COLA increase for 2021. The final number will be released on October 13th. The August issue of Kiplinger magazine estimated an increase of 1.2% while others suggest a much lower figure of .44%. Both projections are much lower than the 1.6% we received last year. Projected COLA Going Down The […]
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Posted on Friday, 4th September 2020 by Dennis Damp
I know its early, open season doesn’t start until November. However, it is a good time to start thinking about your 2021 health care needs now. Open season is just around the corner. Request a Federal Retirement Report™ to review projected annuity payments, income verses expenses, FEGLI, and TSP projections. I recently talked with Kevin […]
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| Comments (0)Posted on Friday, 14th August 2020 by Dennis Damp
Many federal employees, including myself, purchased paper savings bonds though payroll deduction until paper bonds were discontinued eight years ago. Savings bonds mature after 30 years. If you own bonds that are thirty or more years old, they no longer earn interest and should be cashed in. Many banks and credit unions no longer redeem […]
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| Comments (0)Posted on Friday, 17th July 2020 by Dennis Damp
This is a challenging time for all and uncertainty abounds. When we listen to the morning news, we hear of new setbacks in our fight to get back to normal; whatever that may end up being. Unfortunately, we are fighting a war on several fronts: from the pandemic to national unrest, and fueled by a […]
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