★ I'm Dead Now What: End Of Life Organizer and Important Information for My Belongings – October 5, 2022

I'm Dead Now What: End Of Life Organizer and Important Information for My Belongings. When I'm Gone Workbook and final Wishes Paperback – October 5, 2022

Article Excerpt: "I'M DEAD NOW WHAT? is a helpful guide that allows you to record all the important information your loved ones will need in the event of your death. This planner contains everything your family and friends need to know to handle your death. ★It is designed to help you plan your succession and get your affairs in order.★..."

Resource:

I'm Dead Now What,Books,Amazon,Retirement Research,

A Closer Look at 2023 Federal Employee Health Benefits Premiums

Oct. 24, 2022

A Closer Look at 2023 Federal Employee Health Benefits Premiums

...employees and annuitants will, on average, pay 8.7% more in FEHB premiums next year, the largest percentage increase in the last decade. How Premiums are Changing in 2023... Some of the increases and decreases are huge. For example, for active federal and career postal employees, the largest... Almost two-thirds of federal employees are enrolled in one of the Blue Cross Blue Shield (BCBS) plans—Standard, Basic, or FEP Blue Focus. How did the BCBS plan premiums change?

Citation: www.govexec.com
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Enrollees should use Open Season as a period to conduct a wellness or financial check-up and reassess their health needs and coverage

Oct. 24, 2022

Enrollees should use Open Season as a period to conduct a wellness or financial check-up and reassess their health needs and coverage

The annual Federal Benefits Open Season 2022 starts on November 14 and is open through December 12, 2022. During this time, employees and annuitants can assess their benefits to ensure it is cost-efficient and best addresses the care and services for themselves and their families. “Tens of thousands of enrollees are potentially leaving valuable savings on the table by not taking advantage of Open Season to review their health care coverage and ensure they are receiving the most out of their benefits for themselves and their family,” said Kiran Ahuja, Director of the U.S. Office of Personnel Management (OPM). “Ask yourself – how have my or my family needs changed this past year, and then utilize the Open Season enrollment period to conduct a wellness or financial check-up to make an informed decision that gets you the best care.”

lease note that the below sites will be updated with 2023 plan information by November 14, 2022.

FEHB Plan Information
FEHB Plan Comparison Tool
FEHB Quality Healthcare Scores
FEDVIP Plan information
FEDVIP Plan Comparison Tool
Federal Flexible Spending Account Program

Citation: www.opm.gov

Huntsville, Alabama | #1 in Best Places to Live #54 in Best Places to Retire

Huntsville, Alabama | #1 in Best Places to Live #54 in Best Places to Retire

Article Excerpt: "...Space is at the center of Huntsville's identity. To get a better understanding of the region's ties to the Final Frontier, residents can spend a day touring the U.S. Space and Rocket Center, which documents the history of space exploration. The U.S. Space & Rocket Center is also home to every kid's bucket-list experience: Space Camp. Huntsville has a number of other cultural attractions unrelated to aerospace. For example, the Alabama Constitution Hall Park offers a look at what life was like in Alabama in the 1800s, while the North Alabama Railroad Museum and the Historic Huntsville Depot highlight the history of train travel in north Alabama. Those interested in art should pay a visit to Lowe Mill Arts..."

Resource: realestate.usnews.com

Rocket City, Huntsville, Alabama

Reminder: New Postal Service Health Benefits (PSHB) Program Begins January 2025

Reminder: New Postal Service Health Benefits (PSHB) Program Begins January 2025

Article Excerpt: "...Get the OPM details of the new Postal Service Health Benefits (PSHB) Program [PDF] ...see Sec. 101. Postal Service Health Benefits Program.

The Postal Service Health Benefits (PSHB) Program is a new, separate program within the Federal Employees Health Benefits (FEHB) Program, administered by the Office of Personnel Management (OPM) which will provide health insurance to eligible Postal Service employees, Postal Service annuitants, and their eligible family members starting in 2025. The PSHB Program coverage will replace Federal Employees Health Benefit (FEHB) Program coverage for these groups.

Citation: www.opm.gov

Please note exceptions do exist:
‘‘(3) EXCEPTIONS.—
‘‘(A) IN GENERAL.—The requirements under paragraphs (1) and (2), as applicable, shall not apply with respect to an individual in the following cases... ..."

Resource: www.opm.gov

Love Music and the Ocean? Check Out a Trip on the Rock Boat!

Love Music and the Ocean? Check Out a Trip on the Rock Boat!

Article Excerpt: "Rock out to days and nights filled with mind-blowing sets and one-of-a-kind collaborations. Enjoy all of the amenities this ship has to offer including a plethora of bars and restaurants plus a variety of intimate venues! The Rock Boat is turning 22 in 2023! Your mission takes place January 23, 2023 with five days of live music, unprecedented collaborations and visits to beautiful beaches. ..."

Resource: www.therockboat.com

Events, Travel, Music, The Rock Boat,Things to do in retirement,

2023 Federal Retiree COLA Announced

2023 Federal Retiree COLA Announced

Article Excerpt: "2023 federal retiree cost-of-living adjustment (COLA) will be 8.7 percent for those under the Civil Service Retirement System (CSRS) and 7.7 percent for those under the Federal Employees Retirement System (FERS). ..."

Resource: www.myfederalretirement.com

COLA 2023,FERS COLA 2023,CSRS COLA 2023,FERS vs CSRS,

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8.7% 2023 COLA hike to Social Security checks won’t cut it, some fear

8.7% hike to Social Security checks won’t cut it, some fear

Article Excerpt: "...recipients are still worried about how they’ll make rent or utility payments. Others fear persistent inflation will just eat into any of the new cash flow. And some are just thankful a few extra dollars might be just enough to cover a new dress or a steak dinner. Around the country, some of the 70 million people who receive Social Security payments are running the numbers..."

Resource: www.dailypress.com

COLA 2023, Social Security COLA 2023,

Cash vs Pension

Cash vs Pension

In these crazy times where our government expects us to work until we are dead or too disabled to continue to work, you need either savings, a pension or both to be able to retire eventually. Fortunately many U.S. blue collar workers have struggled at low wage to garner at least a small social security income. However a social security income is rarely enough to survive on with any dignity. To add insult to injury the extreme liberal, Biden socialist, Democrat destroyers of the American Dream want to freely provide an income, healthcare, food, education, cell phones, free luxury hotel accommodations and transportation to illegal immigrants that have illegally invaded our country. Yet as a working class American you have to work 30+ years just to get a paltry social security income while giving freebies to illegals with your tax dollars. Addiionally the Global Agenda ran by billionaires and corporations have wiped out the ability for most people to earn a pension from employment. So how much money would you need to have saved to draw a small yearly income of $43,000 per year at 4% for almost 21 years in retirement? You would need approximately $90,000. And this does not factor in how little value that money will have under BidenFlation.

Resource: Federal Retirement

Cash vs Pension

Average Retirement Income: Where Do You Stand?

Average Retirement Income: Where Do You Stand?

Article Excerpt: "...According to U.S. Census Bureau data, the median average retirement income for retirees 65 and older is $47,357. The average mean retirement income is $73,228. These numbers are broken down into median and mean to more fully understand the average retirement income...."

Resource: www.annuity.org

What Is New About The U.S. Military Retirement System?

Article Excerpt: "What Is New About This Retirement System? BRS uses the retirement annuity formula that has been in place for years: the average of the service member's highest 36 months of basic pay times 2.5% of their years of service -- but the 2.5% is adjusted downward by half of a percentage point, from 2.5 to 2%. ..."

Resource: www.military.com

Changes to its retirement system on Jan. 1 of 2018, Blended Retirement System,

Here’s the Lowest Your Social Security Increase Is Likely to Be

Here’s the Lowest Your Social Security Increase Is Likely to Be

Article Excerpt: "...An old adage says, “Hope for the best, but prepare for the worst.” What is the worst outlook for the upcoming cost-of-living adjustment (COLA)? Here’s the lowest your Social Security increase will likely be. ...The good news is that you won’t have to wait very long to know for sure what the 2023 Social Security COLA will be. SSA plans to announce the benefits increase in mid-October. It’s likely that the announcement will come on Oct. 13, 2022. That’s the day that the Bureau of Labor Statistics is scheduled to reveal inflation data for September, including the CPI-W. Whatever the exact amount of the increase is, it will almost certainly be the biggest COLA in more than 40 years."

Resource: www.koamnewsnow.com

CPI,CPI-W,Cost of Living Adjustment (COLA) , Retirement,

Retirement | USAGov

Retirement | USAGov

Article Excerpt: "Get the basics on retirement planning and pension benefits, such as how Social Security works, retiring from the civil service, and managing a private pension. "

Resource: www.usa.gov

Retirement Research