Posted on Thursday, 4th June 2020 by Dennis Damp
Last week’s article titled “Prescription Coverage Dilemma” described problems I encountered filling a prescription I’ve used for the past five years. The process used to fill non-preferred scripts is convoluted, and all parties suffer the consequences. I received many comments from last week’s column describing similar problems. Request Your Personal Federal Retirement Report™ Today One […]
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| Comments (0)Posted on Monday, 1st June 2020 by Dennis Damp
There are many things to consider when evaluating our Federal Employees Health Benefits (FEHB) in preparation for the next Open Season: plan cost, doctor accessibility, prescription copayments and availability, coverage for current medical conditions, and so much more. Even with considerable review and research we get blindsided by unusual situations. Attend a 2-Hour Benefits Briefing […]
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Posted on Friday, 15th May 2020 by Dennis Damp
Those planning their retirement and annuitants require accessible resources for answers to their individual and unique questions. OPM does a good job managing our retirement system overall. However, there are limits to what they can and will provide. It’s often frustrating and difficult finding competent help and the level of assistance required. There are many […]
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Posted on Saturday, 2nd May 2020 by Dennis Damp
A number of helpful updates were added to OPM’s online annuity services website recently at https://www.servicesonline.opm.gov. They changed the way your Claim Number works on the “Sign In” and “Forgot Password” pages. My Access Screen with Personal Data Removed This change provides assistance on Claim Number formatting during site entry. When you first enter the […]
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Posted on Saturday, 25th April 2020 by Dennis Damp
The Covid19 pandemic shutdown may truly be worse than the disease itself. Tens of millions have been forced on unemployment and many small businesses may never recover. Companies selectively deemed essential like Walmart, Amazon, Target, Home Depot, Lowes and others are doing great while their smaller competitors are being forced out of business. This virus […]
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Posted on Friday, 17th April 2020 by Dennis Damp
The Coronavirus Aid, Relief, and Economic Security (CARES) Act is providing support for those most impacted by the pandemic. Congress passed the Act last month and one of the key provisions is providing for Economic Impact Payments to American households. Payment of up to $1,200 per adult for individuals whose income was less than $99,000 […]
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Posted on Friday, 10th April 2020 by Dennis Damp
UPDATED 9/1/2024 OPM, as of May 2024, has an inventory of just over 14,000 claims to process. They received 6,751 claims in May and processed 8,793. There is a backlog of 15,797 applications waiting to be processed as of jULY 2024. It is now taking an average of 60 days to process retirement applications. Of […]
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Posted on Monday, 16th March 2020 by Dennis Damp
I’ve written many articles over the years, during good and bad times, focusing on preservation of capital for retirees and those close to retirement. A common sense approach to investing that protects the assets you accumulated during your career. Request Your Personalized Federal Retirement Report™ Today The recent stock market crash, due to the Coronavirus […]
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