Q&A: TriCare and FEHB

Q&A: TriCare and FEHB Question I know FEHB has a 5-year requirement. I currently have TriCare, but want to make sure I satisfy FEHB’s 5-year rule, so I was planning to enroll in FEHB. But then I will be paying for 2 insurances. Do you think it’s worth it? Answer Your TriCare will count toward

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What's better: FEHB or Medicare?

What’s better: FEHB or Medicare?

What’s better: FEHB or Medicare? Important note:  In this article I am only referring to Medicare A, B and D; I’m not getting into the various Medicare Part C plans (known as Medicare Advantage plans. So, which is better – Medicare or FEHB? While it’s not a fair question because there are dozens of FEHB plans

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What is the difference between FSA and HSA?

What is the difference between FSA and HSA? Updated 2020

What is the difference between FSA and HSA? Updated 2020 Both accounts allow you pay for qualified medical expenses with tax-free money (thus avoiding Federal, State, Social Security, and Medicare taxes – usually around a 37.65% tax savings). Here’s how the accounts differ: Contribution Limit: FSA has a maximum contribution limit of $2,750.  HSA limits

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financial advice for federal employees

Watch Now – Should you take Medicare?

Watch Now – SHOULD YOU TAKE MEDICARE? Medicare Part B costs thousands of dollars a year. And they threaten you with penalties if you don’t take it. You already have FEHB. Do you need both? Watch my video – Should you take Medicare? In this video I explain: The costs of Medicare When you need to worry

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FSA VS. HSA - WHICH IS BETTER FOR YOU?

FSA VS. HSA – WHICH IS BETTER FOR YOU?

What’s better? FSA or HSA? Can you do both? Both of these plans are available thru FEHB this open season. Understanding the advantages of each can translate into thousands of dollars a year, year after year! Join me in my upcoming webinar – FSA, HSA or Both? – Which strategy will save you the most

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