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Monthly Archives: October 2023

The Fed15 Podcast: New Health Insurance Program for USPS

10/10/2023
The USPS is getting booted from FEHB plans and will have to join a new PSHB program. Also this week, information on shutdowns and the 2024 federal pay raise. The Fed15 Podcast (Ep. 17): The Health Insurance Program for the ... Read More

2024 FEHB Premiums Will Increase with Rising Healthcare Costs

10/09/2023
OPM announced there will be an average premium increase of 7.7% for FEHB plans next year. Premiums for FEHB plans will increase by an average of 7.7% in 2024, slightly less than the 8.7% average rise in health insurance costs ... Read More

FEHB Highlights: OPM, Carriers, Agencies, and Enrollees’ Responsibilities

10/06/2023
Continuing our series on the Federal Employee Health Benefits (FEHB) program. In this piece, we review the responsibilities of OPM, carriers, agencies, employees, and family members. OPM’s FEHB Handbook is a dense digital document that details all the technicalities around ... Read More

TSP Loses Ground in September, Still Positive Over Last 12 Months

10/05/2023
Thrift Savings Plan Monthly Update for September 2023, by Jennifer Meyer, CFP®, ChFEBC℠, AIF® Jennifer Meyer, CFP© September continued the slide in stock market returns which began in August. For the second consecutive month, all three stock funds were in ... Read More

Federal Firefighters Avoid Pay Cliff as Congress Prevents Shutdown

10/04/2023
Shutdown averted until next month, along with the ‘pay cliff’ threatening federal firefighters. Plus, learn why the IRS almost had to furlough 60,000 workers that were thought to be ‘excepted service.’ To the surprise of many, in the final hours ... Read More

The Fed15 Podcast: Long Term TSP Choices

10/03/2023
TSP – should you stay or go? Dan has reviewed 7 reasons why you should stay, now he goes over why you should go. The Fed15 Podcast (Ep. 16): Long Term TSP Choices Did you know the TSP expense ratios ... Read More

It’s Decision Time for Most Enrolled in FLTCIP

10/02/2023
For Most Employees and Retirees Enrolled in the Federal Long Term Care Insurance Program, it is Decision Time In December 2022, the Federal Long Term Care Insurance Program (FLTCIP) announced that starting December 19, 2022 and through December 19, 2024, ... Read More