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10 Financial Goals to Reach By Age 40

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Once we hit our 40s, we should have a firm handle on our careers, our family relationships, and have built a strong foundation for long-term financial success. To help you get a gauge on where you are, we’ve put together our 10 Financial Goals to Reach By Age 40.

5 Underrated Skills That Make You Invaluable in Federal Service

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Federal service has its own thrills, challenges, and culture. Civilian Federal Employees are impacted by political decisions and evolving agency landscapes, all while working to create tangible, long-lasting impacts on the country. If you’re a Federal employee, you likely take pride in your dedication to public service. No matter where you are in your career, our list of 5 Underrated Skills That Make You Invaluable in Federal Service can help you add polish to your professional reputation. 

7 Essential Mobile Apps for Federal Employees in 2019

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Most Civilian Federal Employees own smart phones loaded with apps designed to add value to their daily lives. For those looking for guidance on government information and services, there are a variety of mobile apps sponsored by the Federal government which provide relevant and accurate information.

Are You Prepared for The High Cost a Chronic Illness Would Bring?

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In 2016, researchers from the U.S. Department of Health and Human Services estimated that almost 70% of people turning age 65 will need some type of long-term care services in their lifetimes. If you or someone you know has ever had to care for a loved one with a chronic disease or condition, you know the emotional, physical, and financial burden this can create.

Considering Life Insurance? Take a Detailed Needs Analysis

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When purchasing life insurance, it's important to understand the financial needs of your beneficiaries before you choose a policy. Many individuals tend to think backwards when it comes to life insurance. They make critical decisions on the product they want, whether it’s permanent life insurance, basic term life insurance or even a combination of both, before thinking through the amount of protection they need. As such, you really need to first figure out how much life insurance you need before you even think about the product that would be most appropriate. A needs analysis can help you determine how much life insurance you should buy.

DoD Rolls Out Plans for Phased Retirement

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Last month, the Department of Defense (DoD) announced that it would begin offering phased retirement to its employees and components are now working on implementation plans.

Evaluating Life Insurance Coverage Outside of Open Season

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While it’s not Open Season for Life Insurance, it’s a perfect time to evaluate your coverage. Life insurance is a vital tool when it comes to safeguarding your family’s future. How would your family’s income be impacted if you passed away? What if you receive a terminal diagnosis? What will your family need to retain financial stability? Fortunately, you can apply for WAEPA’s Group Term Life Insurance at any point in the year – meaning you don’t have to wait for an Open Season period to supplement or replace your coverage from FEGLI. 

Federal Pay Raise: 4 Things You Need to Know

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During the first few weeks of the shutdown, many Feds were disappointed by news of an executive order to freeze pay for Civilian Federal Employees in 2019. Then, in an unexpected turn, Congress passed a federal pay raise in a funding bill on February 15, effectively overturning the freeze. On March 28, President Trump signed an executive order officially implementing the change. In case you’re confused by the complicated discussions around federal pay, here are four things you need to know about the raise:

FLEOA Defends Your Salary and Retirement

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Recent budget proposals by both the Trump Administration and Congress that adversely affect your pay and pensions are strongly opposed by the Federal Law Enforcement Officer's Association. 

FREE Federal Benefits Guide

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Over 9 million current and former Federal Employees and their families rely on some form of benefits from the Federal Government. With the quantity of rules and regulations surrounding these benefits, it’s imperative to have a firm understanding of how these policies can directly affect you.

Getting College Funding When You’re A Federal Employee

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When your children are ready to earn a college education, the subject of college funds will inevitably arise. During that discussion, it’s important that you are able to empower your children to get a good education without going into debt. A college education is expensive, and if inflation keeps up, the price of tuition is going to increase massively. For these reasons alone, saving up for your children’s education is essential to set them up for success.

Government Shutdown Q&A with Shane Canfield

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WAEPA (Worldwide Assurance for Employees of Public Agencies), a nonprofit Voluntary Employee Benefits Association which offers Group Term Life Insurance* exclusively to Civilian Federal Employees, made headlines in January when they announced they were waiving January’s premiums for all their members, including those for Members not impacted by the partial Government Shutdown, which went on for 35 days from December 21, 2018 to January 25, 2019, and affected approximately 22% of Federal workers.

House GOP Budget Proposal Includes Federal Retirement Cuts

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After initially displaying reticence to go along with the cuts to federal employees proposed in President Trump’s budget blueprint, House Republicans this week included similar measures in their own budget blueprint.

How I Save Over $427 a Year with WAEPA

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This article is written by Brandon Jones.

During my tenure as a Civilian Federal Employee, I was tuned into various Federal programs, like the Thrift Savings Plan (TSP), Federal Employee Retirement System (FERS), health options during Open Season, and other auxiliary benefits. I was not aware, however, that Feds have options beyond FEGLI for life insurance coverage. It was only until I joined the private sector that I heard about WAEPA, a nonprofit that’s been exclusively serving Civilian Federal Employees with Group Term Life Insurance* for more than 75 years.

Life Insurance: Term versus Whole

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Life insurance exists to help protect your loved ones in case you pass. These policies are usually created as part of an overall estate plan. Two of the most common types of life insurance available are Term and Whole. Each has their own benefits. Review how the two compare:

This Week on FEDtalk

Preparing Young People for Public Service

Tune in to FEDtalk this week for a discussion on the transition between college and government. The guests will cover how the federal government is currently struggling to recruit and retain young people in public service. Guests will also highlight projects by both government entities and stakeholders to encourage individuals to join the next generation of federal government work.

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Hear it from FLEOA

FLEOA Encourages Passage of EAGLES Act Following Wave of Mass Public Violence

Nathan Catura, President of the Federal Law Enforcement Officers Association (FLEOA), the nation’s largest non-partisan, not-for-profit professional association representing more than 27,000 federal law enforcement officers and agents across 65 federal agencies, today issued the following statement in support of the EAGLES Act.

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