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Retirement Updates, Retiree Job Options and Home Remodeling Tips

Posted on Thursday, 6th February 2014 by Dennis Damp

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The last series of articles focused on signing up for Medicare at age 65 and FEHB plan impact. Here is another update before moving on to other areas. I use Turbo Tax to complete our income taxes each year. When I was entering data from my wife’s Social Security SSA-1099 Form I discovered that Part […]

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Medicare Part B and FEHB Update (Feedback – Part 4)

Posted on Thursday, 30th January 2014 by Dennis Damp

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The Medicare and FEHB impact series has generated a lot of interest, comments, and questions that deserve additional attention.  One reader commented that the following quote is true for Blue Cross & Blue Shield (BCBS) Standard but not true for BCBS basic. The last article stated that “once Medicare is the primary payer, you can […]

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Change to a Lower Cost FEHB Plan When Signing Up For Medicare

Posted on Thursday, 16th January 2014 by Dennis Damp

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My last article titled What to Consider Before Enrolling in Medicare B, part 2 of this 3 part series, helped you understand Part B and how it impacts your FEHB benefits and costs. This final article of the series discusses whether a lower cost plan would provide you acceptable coverage at a lower overall cost. […]

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What to Consider Before Enrolling in Medicare B (Part 2) – Updated 1/12/2021

Posted on Thursday, 2nd January 2014 by Dennis Damp

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(Article updated 1/12/2021 with updated Medicare Part B Premiums) My last article titled Medicare and FEHB Options – What Will You Do When You Turn 65?, part 1 of this 3 part series, introduced Medicare Part A and general information you need to know to apply.  This article will help you understand Part B and […]

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Medicare and FEHB Options – What Will You Do When You Turn 65? (Part 1)

Posted on Thursday, 12th December 2013 by Dennis Damp

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Updated 10/20/2023 We receive many questions each year about how Medicare interacts with the FEHB program. This is the first of a three part series that introduces the Medicare program including Part A and how to apply. Part 2 discusses what to consider before enrolling in Medicare Part B and Part 3 talks about whether […]

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Is it Time to Update Your Designated Beneficiary Forms?

Posted on Wednesday, 27th November 2013 by Dennis Damp

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OPM recently added a new feature to their Retiree Service Online site at https://www.servicesonline.opm.gov/. You can now download and print out a current copy of your FEGLI Verification of Life Insurance (VOLI) Coverage.  You can also print out duplicate 1099s for 2013 on this site when they are released.  Previously you had to request a […]

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FEHB Open Season Online Update

Posted on Monday, 18th November 2013 by Dennis Damp

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Another year is almost over! The older I get the faster the days go by and at an alarming rate. Christmas is around the corner and It seems like I just completed our 2012 taxes and sure enough I’m starting to compile information and purchasing Turbo Tax for 2013. Each year I register for OPM’s […]

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2014 COLA & Military Deposit Rule Changes

Posted on Friday, 1st November 2013 by Dennis Damp

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Federal retirees, social security recipients, and military retirees will receive a 1.5% COLA next year!  This is the lowest COLA since 1985 not counting the two years we did without one. Based on the average retiree’s annuity the 2014 COLA will add approximately $48 monthly for CSRS retirees and $18 for FERS retirees age 62 or older.  It’s hard to […]

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