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Posted on Friday, 23rd October 2020 by Dennis Damp

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Many annuitants change to a lower cost FEHB plan because most plans waive the majority of the deductibles, copayments, and coinsurance payments when you sign up for Medicare Part A & B. These low cost FEHB plans are often considered when enrolling in Medicare. Request Your Personalized Federal Retirement Report™ Today The Advantage of Signing […]

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Posted on Monday, 19th October 2020 by Dennis Damp

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Our government reports that inflation is low, yet every time we turn around prices are increasing.  I often ponder why our COLAs, 1.3% for 2021, are so low most years when costs for essentials are increasing. We are used to paying more for everything these days so it shouldn’t be a surprise to everyone that […]

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Posted on Tuesday, 13th October 2020 by Dennis Damp

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I reported in mid-September that the 2021 COLA was projected to be anywhere from .44% to as high as 1.2% according to Kiplinger’s. The Social Security Administration announced a 1.3% COLA increase on October 13th for 2020. CSRS and FERS annuitants will receive the full 1.3% this year. View the table of all COLAs from […]

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Posted on Friday, 9th October 2020 by Dennis Damp

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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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Posted on Thursday, 1st October 2020 by Dennis Damp

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Your vote matters, regardless of who you plan to vote for. Those planning their retirement and annuitants are older and may wish to vote remotely due to the pandemic. You can always request an absentee ballot. This year a number of States have initiated new vote by mail practices and there is considerable confusion in […]

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Posted on Saturday, 26th September 2020 by Dennis Damp

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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

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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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Posted on Friday, 18th September 2020 by Dennis Damp

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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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