Investing for retirement is tricky enough. Building and keeping a nest egg for life when three virus strains are ravaging the planet only adds to the stress.
Every time there is a federal pay raise AND a cost of living adjustment for retirees, some folks figure they can get a piece of both. While it sounds good in theory, it isn't so simple.
The Pentagon says the mean increase of basic allowance for housing (BAH) will go up by 5.1%, a wide jump from the past two years, which have averaged just below 3%. DoD will spend $25.6 billion on BAH for 2022.
Recent legislation would get rid of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), but the repeal would be temporary. Federal employee groups say it's better than nothing.
To be eligeble for the Federal Employees Health Benefits Program in retirement, you must have been enrolled for at least five years before leaving your job.
Outside of the blockbuster parts of the 2022 defense authorization bill, there are many new policies Congress will mandate the Pentagon to enact once the bill is signed into law.
Federal News Network conducted an anonymous, unscientific, online survey of readers who largely indicated they would close out year two of the pandemic with either the same amount time off or more than what they had at the end of 2020.
What if you worked for an outfit that paid most of the premium for dozens of health plan options available to you, and allowed you to shop on the clock? And even paid for an online service that would give you several best-guys-for-you options?
The anti-HMO feeling many have could be costing them money in premiums and good service. There are a wide array of HMOs available to federal workers/retirees during the current open enrollment period.
Federal workers, retirees or their survivors have 12 more days to pick the health plan that will cover them and their families next year.
This open season, it's more important than ever that you shop around. If you’ve been in the same plan for 3-to-5 years, it may not be your best buy.
Come Jan. 1, health insurance plans must treat emergency services performed out-of-network as if they were done in-network. The new rules apply to almost all major public and private health insurance plans, including the Federal Employees Health Benefits Program.
Do a little shopping now and save a bundle next year. And maybe get even better coverage.
The Government Accountability Office found the Social Security Administration needs to shore up its oversight of state medical experts responsible for making disability determinations, some staff and some contracted.
What’s the single most important reason to shop around for health insurance? Two very important words — catastrophic coverage.