For federal employees planning to retire early, one of the most powerful but often overlooked benefits of the Federal Employees Retirement System (FERS) is the Special Retirement Supplement (SRS). Designed to bridge the income gap between early retirement and Social Security eligibility, the SRS can be a game-changer for those who understand how to optimize it. Yet, many pre-retirees are either unaware of this benefit or unclear about how it works—leaving valuable income on the table. In this … [Read more...]
FEGLI vs. Private Life Insurance – Making the Best Choice
Federal employees: Are you overpaying for life insurance? The Federal Employees' Group Life Insurance (FEGLI) program provides easy-to-enroll coverage, but its rising costs over time make private life insurance a more attractive option for many. This guide breaks down FEGLI's cost structure, post-retirement changes, and private insurance alternatives to help you make the best financial decision. FEGLI Coverage and Cost Breakdown FEGLI consists of Basic coverage and three optional … [Read more...]
