fbpx

2022 FEHB Plan Selection Guide

Posted on Friday, 5th November 2021 by Dennis Damp

Share

Open season runs from November 8th through December 13th.  There are tools available to evaluate provider options, select your 2022 plan, and submit changes to OPM. Use the following resources to make an informed decision for you and your family’s health care needs. Forward this article to others that can use this “Open Season” information. […]

Posted in

| Comments (0)

2022 FEHB Open Season Advice

Posted on Friday, 29th October 2021 by Dennis Damp

Share

There are many things to consider when reviewing your FEHB health care plans during open season.  Plan premiums and benefits change year to year. Without a thorough review and comparison between plans you could unintentionally pass up a better deal.  I know this firsthand, as a federal employee for 36 years and a retiree these […]

Posted in

| Comments (2)

2022 COLA Announced and Annuity Projection Calculator

Posted on Wednesday, 13th October 2021 by Dennis Damp

Share

I reported in mid-September that the 2022 COLA was projected to be close to 6% or more. The Social Security Administration announced a 5.9% COLA increase on October 13th for 2022. CSRS annuitants will receive the full 5.9% this year while FERS annuitants will receive 4.9%, still a hefty increase from last year’s 1.3%. View […]

Posted in

| Comments (2)

FEHB Average health care Premiums rising for 2022

Posted on Friday, 8th October 2021 by Dennis Damp

Share

We are used to paying more for everything these days so it shouldn’t be a surprise again this year that the majority of our Federal Employee’s Health Benefits (FEHB) premiums are going up. The average total premiums for current non-Postal employees and annuitants enrolled in plans under the FEHB Program will increase 2.4 percent for […]

Posted in

| Comments (2)

An End to Surprise Health Care Billing! A Cautionary Tale

Posted on Friday, 1st October 2021 by Dennis Damp

Share

The Federal Employees Health Benefits open season is just around the corner, running from November 8th through December 13th of this year. It will not be delayed due to COVID. Federal employees and annuitants can enroll in the program, change enrollments, change to another FEHB plan or plan option or cancel an existing enrollment. New […]

Posted in

| Comments (0)

Seeds of Change – Making a Difference

Posted on Saturday, 18th September 2021 by Dennis Damp

Share

The older generations, including retirees and those still working and planning their exit, have a vast collective voice that is often ignored or relegated to background noise by the news media, big tech, political parties, and others. The older generations have ways to effect change to a greater degree than most realize. Only a small […]

Posted in

| Comments (0)

Deciding When To Retire – Use this 7-Step Guide

Posted on Friday, 3rd September 2021 by Dennis Damp

Share

Updated 12/15/2024 When can I retire? A question asked often by those approaching retirement age and by those early in their career who have the foresight to think ahead. It isn’t as simple a decision as reaching your eligibility date, especially if you haven’t prepared early in your career to have the assets necessary to […]

Posted in

| Comments (0)

Annuity Expectations – Before and After

Posted on Friday, 6th August 2021 by Dennis Damp

Share

Your annuity, a defined benefit retirement plan, is determined by the retirement system that you are in, either the Federal Employees Retirement System (FERS) or the Civil Service Retirement System (CSRS). Approximately 2 percent of current federal employees are under the old CSRS / CSRS Offset system, the FERS program was established in the 1980s. […]

Posted in

| Comments (0)

Terms Of Use