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Retirement Precautions, TSP Changes, Updates, and Retiree Jobs

Posted on Friday, 6th January 2012 by Dennis Damp

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Recently OPM clarified a number of issues around interim annuity payments and what retirees can expect when they first leave federal service. It is essential that federal employees have sufficient cash available and are financially prepared when retiring to allow OPM to complete a final adjudication of their claim. OPM is now processing applicants in […]

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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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Why Financial Planning?

Posted on Sunday, 11th December 2011 by Paul Risser

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Financial Planning is simply taking a snapshot of where you are financially today and calculating what you will have and need in retirement down the road. Federal employees have some unique planning issues that Non-Federal employees usually don’t face such as: Should I buy back prior service time? What will be my approximate monthly annuity […]

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Stop #4 – Everything’s Replaceable, or Is It?

Posted on Thursday, 8th December 2011 by Chuck Jumpeter

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Whew! Last year our trip along the road to good health had a serious breakdown when my hard drive crashed. What a horrible experience that turned out to be. I found out, first hand, how not to back up your files. While I thought I was pretty good at saving all the important stuff, I […]

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Orlando Theme Park Resort Vacations

Posted on Monday, 5th December 2011 by Nancy Holston

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They are for kids of all ages! When I was a youngster, the closest thing to a theme park was the local 4-H fair in northern Indiana.  When I was in Junior High we went to the Indiana State Fair, a huge fairground with rides, animals, shows, tractor pulls, and arcade. It was truly awe […]

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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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FEHB Open Season Brochures & Updates

Posted on Saturday, 26th November 2011 by Dennis Damp

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Rosemary, a subscriber to our Retirement Planning News Letter, asked for clarification for requesting FEHB open season plan brochures on OPM’s new web site. I mentioned that the web site was easy to use in my article on the FEHB Open Season last week. She visited the site and was confused by the numbers that […]

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Budget Cuts, VERAs, FEHB Open Season & Retiree Jobs

Posted on Friday, 18th November 2011 by Dennis Damp

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The Office of Personnel Management expects a number of agencies to request VERA and VSIP authority in FY 2012 after appropriations are finalized.  Agencies may face substantial budget cuts next year according to the OPM director. OPM is expediting requests for VSIP and early-outs and formed a special team to assist agencies with their requests. […]

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