Exceptions to the 10 Percent Early Withdrawal Penalty
Recently, we explored the history of the 10% early withdrawal penalty and its implications for IRAs and other employer-sponsored defined contribution plans (such as the
FEHB Changes Are Permitted Outside of Open Season for Certain Reasons
Most FEHB Program enrollment changes occur during the yearly Open Season. However, some changes are permitted at other times when a person has a “qualifying life event.” Significant occurrences that allow enrollment changes include:
What Are COLAs for Federal Retirees, and How Are They Calculated?
Many federal retirees are uncertain about the size of the cost-of-living adjustment (COLA) that
Late Enrollment Penalty and Three Medicare Enrollment Periods
Enrolling in Medicare can be difficult, and penalties may apply if enrollment is not completed by the deadline. Around 77…
What Does the Medicare Open Enrollment Period Mean for Federal Retirees?
This article talks about the Medicare
Beneficiary Questions On What Medicare Parts A and B Do Not Cover
Because of the rise in the cost of Medicare premiums, customers…