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Posted on Friday, 23rd January 2015 by Dennis Damp

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Updated 2/22/2024 Please forward this article to everyone in your organization that is planning on retiring over the next five years and tag it for your Facebook and other social media pages. Once you retire you lose access to many online agency and government web sites that hold valuable information that you may need after […]

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Posted on Monday, 5th January 2015 by Dennis Damp

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The article we published on Survivor’s Benefits stated that “Upon your death, the funds in your TSP account cannot remain in the TSP. Your account will have to be distributed to the beneficiary(ies) you indicate on Form TSP-3, Designation of Beneficiary.” This information is correct for non-spouse beneficiaries. When a spouse is determined to be […]

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Posted on Friday, 12th December 2014 by Herbert Casey

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If you have a spouse or other loved ones that are dependent on you, you should make sure that they are provided for upon your death. More importantly, you must make sure that the information is made available to them. During this period, it’s very difficult for people to focus, so the more you can […]

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Posted on Wednesday, 12th November 2014 by Dennis Damp

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Each year I connect to OPM’s Federal Employees Health Benefits (FEHB) online services at https://retireefehb.opm.gov/Annuitant/. This service is devoted to Federal Retirees, Survivor Annuitants, or Former Spouse Annuitants. Annuitants can get a head start on open season and even print out their personal Open Season Health Benefits Guide long before receiving a mailed copy. Users […]

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Posted on Friday, 7th November 2014 by Herbert Casey

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Do you need to start, change or stop federal or state income tax withholdings; change your mailing address, start or change the direct deposit of your payment; or view a statement describing your annuity payment. If so, it’s easy with OPM’s Retirement Services Online (SOL) www.servicesonline.opm.gov. You can have access to your annuity payment actions […]

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Posted on Friday, 24th October 2014 by David Scholl

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Over two years ago, this site addressed the confusion many retirees share over understanding how the Federal Deposit Insurance Corporation (FDIC) insurance limitations apply to the various types of accounts they may have in one financial institution. Despite a dramatic drop in the number of failures, the number of banks on the FDIC’s problem bank […]

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Posted on Wednesday, 22nd October 2014 by Dennis Damp

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According to John Church with the Bureau of Labor Statistics (BLS) the 2015 COLA will be 1.7%. This is the low range of what many projected of between 1.7 to 2%. We updated our COLA charts this morning to reflect this change and we post all COLAs back to 1999. If your annuity is $2,500 […]

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Posted on Friday, 17th October 2014 by Herbert Casey

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Open Season for Federal Employees Health Benefits (FEHB) is just around the corner. Open Season runs from the Monday of the second full workweek in November through the Monday of the second full workweek in December. This year Open Season is November 10, 2014 – December 8, 2014. Federal retirees and their surviving spouses retain […]

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