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2019 Medicare Part B Premiums

Posted on Friday, 19th October 2018 by Dennis Damp

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Medicare recently announced the standard Part B premium amount of $135.50 for 2019. Most people will pay the standard Part B monthly premium. If your modified adjusted gross income as reported on your IRS tax return from 2 years ago is above a certain amount, you’ll pay the standard premium and an Income Related Monthly […]

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2019 COLA Announced

Posted on Thursday, 11th October 2018 by Dennis Damp

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Social Security and Supplemental Security Income (SSI) benefits for more than 67 million Americans will increase 2.8 percent in 2019. CSRS annuitants will receive the full amount, FERS retirees will receive a 2% cost-of-living adjustment (COLA). The 2.8 percent COLA will begin with benefits payable to more than 62 million Social Security beneficiaries in January […]

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Deferring Medicare Part B Enrollment

Posted on Friday, 21st September 2018 by Dennis Damp

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Updated 11/11/2024 I presented a briefing for the Employee’s Retirement Club at the Food and Drug Administration (FDA) at the invitation of the group’s chairperson. We discussed a number of topics including FEGLI, Long Term Care, and Medicare signup. There was some confusion about the ability to defer Part B premiums if your spouse continues […]

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2018 FEHB Open Season & Retiree Jobs Update

Posted on Sunday, 16th September 2018 by Dennis Damp

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The 2018 FEHB open season will run from November 11 through December 10, 2018.  Each year Open Season runs from the Monday of the second full workweek in November through the Monday of the second full workweek in December. Health care service providers are required to submit benefit and rate proposals for the contract term […]

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How Much is Enough for Retirement?

Posted on Friday, 7th September 2018 by Dennis Damp

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Fortunately, Federal employees are able to determine where they stand financially before retiring. When you evaluate your Thrift Savings, civil service annuity, social security and other savings and investment accounts you will discover the reality of retirement for you and your family. Will you have enough to not only live comfortably but to achieve your […]

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Replacing Lost or Stolen Documents

Posted on Friday, 20th July 2018 by Dennis Damp

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MY daughter and her husband recently applied for a passport. They took their birth certificates and required photos with them to the meeting. Unfortunately, the Post Office wouldn’t accept their birth certificates, they were told they were copies and originals or certificates reissued by the appropriate state vital records office were required. It’s important to […]

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Finding the Right One – Finally, She Has A Soul

Posted on Friday, 6th July 2018 by Dennis Damp

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I frequently talk about what is happening in my life as it relates to retirement. For example, when I signed up for Medicare and Social Security I outlined the process for others to follow. Recently I began searching for a small car for my wife, a car that would easily fit in the garage and […]

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How to Find Essential Retirement & Benefit Information

Posted on Friday, 8th June 2018 by Dennis Damp

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Updated 8/14/2023 When you require information about your benefits and retirement planning you need resources at your fingertips to make informed decisions FAST. OPM does have a comprehensive site, http://www.opm.gov, that you can search and find abundant information, however it is often difficult to locate what you are looking for. Plus they don’t offer advice […]

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