1. Cost Increases Dramatically Over Time One of the most significant drawbacks of FEGLI is the escalating cost. As you age, premiums increase steeply, making the program much more expensive. For many federal employees, this cost spike can strain retirement budgets....
If you meet the retirement or separation from service requirements and have maintained your FEHB for five years, you will be eligible to maintain FEHB coverage into retirement. This is a valuable part of your retirement package, as it provides the same coverage you’re...
What are my options for coordinating FEHB and Medicare in retirement? There are three primary options for coordinating your FEHB benefits and Medicare in retirement. All options provide excellent health coverage, and United Benefits has Medicare specialists who can...
What is Military Buyback? Military buyback allows federal civilian employees who have served in the military to “buy back” that service time for retirement purposes. This means you can count your military service towards your civilian federal retirement...
The Office of Personnel Management has updated its FAQ section about the “Fork in the Road” Deferred resignation offer to include information on VERA: “Employees who are eligible for the deferred resignation offer and are at least age 50 with at...
Having life insurance coverage is one of the most important ways you can protect your family from financial burdens. With life insurance being such an important part of your family’s financial protection, it is crucial that you select the right type of insurance....
