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#83: Dual Feds FEHB Rules

WebListen to the Full Episode: In this episode of Plan Your Federal Retirement Podcast, Micah and Jamie discuss the Federal Employee Health Benefits (FEHB) and how it is an …

Actived: 5 days ago

URL: https://plan-your-federal-retirement.com/83-dual-feds-fehb-rules/

Health Insurance Options in Retirement

WebTo reactivate FEHB after having it suspended, retirees can call the Office of Personnel Management at 1-888-767-6738 and request the form to do so. Remember, suspend never cancel your FEHB coverage. Federal …

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FEHB and Medicare

WebMedicare provides health insurance for citizens as they reach age 65 and older. Alternatively, Medicaid provides health insurance for low-income citizens with special conditions resulting from events like pregnancy, …

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FERS Postponed Retirement

WebWrite out your scenarios and estimate your pension for each case. Remember that the MRA+10 Early Retirement reduction is *PERMANENT*. However – if you don’t have good health insurance coverage through …

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"Should I Sign Up for Medicare Part B

WebYes. If you enroll in Medicare Part A you should probably enroll in Medicare Part B as well, even if you have FEHB. Health insurance can change …

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FEHB in Retirement

WebThe requirements for a Federal Employee under FERS to maintain their FEHB into retirement are: “ (1) Have retired with the eligibility of an immediate annuity (which we …

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Can I continue my FEHB once I apply for Medicare

WebFEHB Continuation of Coverage for Family Members Once You Enroll in Medicare. It is necessary for a Federal Employee who continues FEHB into retirement to enroll in Medicare Part A and elect in Part B, C, or D …

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Are HSA's Use or Lose

WebHealth Savings Plans (HSA’s) are not use or lose plans. They are savings accounts for medical expenses that you can fund on a pre-tax basis up to the annual limit. The funds …

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FERS Pension, Be Prepared

Web1.7% of your high-3 average salary multiplied by your years of service which do not exceed 20, PLUS. 1% of your high-3 average salary multiplied by your service exceeding 20 …

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Postponed Retirement

WebA Postponed Retirement is another alternative option of federal retirement that is similar to the Deferred Retirement option. Both options are for those who do not meet both the age …

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Does MRA+10 Qualify for FEHB

WebQualification #1. For a Federal Employee to be eligible for retirement of an immediate, unreduced pension they fall under one of three categories: Age Based Rule. Years of …

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Complications with FEHB Coverage In Retirement

WebThere are two rules that you as a Federal Employee must keep in mind in order to keep your Federal Employee Health Benefits (FEHB) in retirement. You must retire with the …

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FERS Survivor Benefits

WebYou select the full FERS survivor annuity benefit at retirement, so your pension is reduced by 10%. In our example, your pension would be reduced by $100. You would now …

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Can you deduct your FEHB premiums in retirement

WebFEHB is not tax deductible in retirement. This is one of the most critical components of tax planning that we work with our federal employee clients to understand. While you were …

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FERS Deferred Retirement vs FERS Postponed Retirement

WebFEHB. Your Federal Employee Health Benefits. With a Deferred FERS Retirement, you can start your FERS pension back up later – but you can’t start FEHB again. With a …

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Health Insurance and Taxes

Web3 Critical Concepts that Most Federal Employees Miss When Planning Their Retirement . we are always looking for Advisors that want to deliver massive value to clients. Tax-efficient …

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Keeping FEHB in Retirement

WebYour Federal Employee Health Benefits for you and your spouse can be carried into retirement if you meet the following conditions; You must be enrolled in FEHB for 5 years …

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Q&A The Difference Between Postponed and Deferred Retirement

WebWell, in order to retire under the FERS, Federal Employee Retirement System, you’ve had to meet one of three criteria. You’ve had to be at your minimum retirement age, (MRA) and …

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FERS Deferred Retirement

WebBecause he’s using the MRA+10 FERS Early Retirement rules here – Bill’s pension will be reduced by 5% for each year he is younger than 62. 62 – 56 = 6 Years. Bill’s reduction …

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FERS Early Out Retirement

WebBe at least 50 years old with 20 years in service. Be any age with at least 25 years of service. With this type of FERS Early Retirement, there is no reduction in your pension …

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Disability Retirement

WebAdditional benefits that the Disability Retirement provides are that retirees are able to keep their Federal Employee Health Insurance (FEHB) and other insurances, such as Federal …

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