Posted on Thursday, 12th September 2013 by Dennis Damp
This is a follow-up to my last article which talked about the potential impact the new health care legislation may have on our FEHB plans. I was going to title this article “The Unintended Consequences of the Affordable Health Care Act” however that really isn’t the case. Those who drafted this plan knew full well […]
Tags: affordable care act impact, csrs retirement, FEHB, FERS Retirement
Posted in
Posted on Friday, 30th August 2013 by Dennis Damp
Many federal employees and retirees alike are concerned about being forced out of the FEHB program and into local health care exchanges that are mandated by President Obama’s Affordable Care Act. I’m not sure why it was called the Affordable Care Act when in reality insurance costs have already increased considerably across all sectors since […]
Posted in
Posted on Thursday, 1st August 2013 by Dennis Damp
Everyone planning their retirement needs to know how much they will have to live on in retirement and how much their spouse’s survivor benefit will be. Frank Cullen, a retired federal manager, friend, and former associate, sent me a comprehensive spreadsheet prior to my retirement that projected my annuity and survivor benefit for the next […]
Posted in
Posted on Friday, 19th July 2013 by Dennis Damp
We purchased a 9 year old home last year and the seller thankfully included a home warranty. Since we moved in we used the home warranty services many times saving us thousands of dollars in repairs. Recently, I renewed the contract and had to call them out shortly thereafter. When we were purchasing our new […]
Posted in
| Comments (0)Posted on Saturday, 6th July 2013 by Dennis Damp
I’ve received many emails over the years from annuitants, spouses of deceased annuitants, and estate executors that weren’t aware of the annuitant’s coverage and/or beneficiaries. A number of annuitants forget what coverage they elected (if any) or who they designated as beneficiary. There are a number of things that you, your spouse, and estate executor […]
Posted in
Posted on Sunday, 23rd June 2013 by Dennis Damp
Recently, due to budget cuts, OPM reduced their call-center’s hours and they are now open from 7:40 a.m. to 5 p.m. Eastern Time. To talk to a retirement consultant, report an annuitant’s death, request a duplicate 1099 R or other issues call their toll free number at 1-888-767-6738. For those in the DC area call […]
Posted in
Posted on Thursday, 30th May 2013 by Dennis Damp
Retirees and employees alike often need extra income to just get by, pay off debt, or to save for special occasions or a rainy day. There are many part time job offers that you must be cautious of such as advertisements that offer unrealistic wages and annual incomes with little work involved. Real opportunities take […]
Posted in
| Comments (0)Posted on Monday, 13th May 2013 by Paul Risser
What makes financial sense for some baby boomers may not make sense for you. Provided by Paul H. Risser There is no “typical” retirement. Many baby boomers want one and believe that they will have one, and their futures may indeed unfold as planned. For others, the story will be different. Just as there is […]
Posted in
| Comments (0) |
 |
 |
|
||
 |
|
 |
|
||