Understanding Survivor Benefit Elections at Retirement

Insight by NITP, Inc.

July 8, 2019 – Host Bob Leins, CPA® welcomes Tammy Flanagan, Senior Benefits Director at NITP.

• How important are designation of beneficiary forms and how many are there for your Federal benefits?
• Are there benefits payable if an employee dies prior to retiring from Federal service?
• What is payable to surviving children of Federal employees and retirees?
• Is a surviving spouse and children eligible for Federal health benefits?
• Does a former spouse have entitlement to widow’s benefits from Social Security?
• Are you married, single, widowed or divorced?  How does your marital status impact your retirement elections for survivor benefits?
• What if you are married to another Federal employee or retiree?  Does it make sense to provide each other with a survivor benefit?
• If you marry after retirement, is there an option to elect a survivor benefit?

For questions or comments, email us in advance at ForYourBenefit@nitpinc.com