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Retirement Planning Assistance – Finding Help (2023 Update)

Posted on Friday, 11th August 2023 by Dennis Damp

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Please forward this to others needing retirement planning assistance. Those planning their retirement and annuitants require accessible resources to find answers to their retirement questions. The new year is fast approaching and many feds are now determining their best date to retire. Retirement planning is of and in itself a complicated process with many avenues to […]

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Higher FEHB & Medicare Premiums on the Horizon for 2024

Posted on Friday, 21st July 2023 by Dennis Damp

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The 2023 FEHB Open Season will run from November 13 through December 11, 2023. Open Season starts every year on the Monday of the second full work week in November and ends on the Monday of the second full work week in December. OPM sent a FEHB Program Carrier Letter to all FEHB providers on […]

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COLAs, I Bond Interest, and Leaving Federal Service for the Private Sector

Posted on Sunday, 23rd January 2022 by Dennis Damp

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I’ve received a number of questions ranging from COLAs and I Savings Bond interest, to the impact on a federal employee’s annuity if they retire early or take a deferred retirement.  You may find this information helpful. COLAs and the FERS Supplement FERS employees retiring with a Special Supplement should be aware of their limitations. […]

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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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Preparing for Retirement: Are you the Ant or the Grasshopper?

Posted on Friday, 1st August 2014 by Herbert Casey

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I’m sure all of you remember Aesop’s fable of the Ant and the Grasshopper.  Briefly, it’s about the ant that toiled through the summer to store food for the winter.  The grasshopper hopped about and sung to its heart’s content.  He had plenty to eat and didn’t see a need to work hard to store […]

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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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