WAEPA - FEDagent - News for federal agents and 1811’s

10 Financial Goals to Reach By Age 40

hear it from WAEPA

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.

7 Essential Mobile Apps for Federal Employees in 2019

hear it from WAEPA

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?

hear it from WAEPA

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

hear it from WAEPA

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.

Evaluating Life Insurance Coverage Outside of Open Season

hear it from WAEPA

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

hear it from WAEPA

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:

FREE Federal Benefits Guide

hear it from WAEPA

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.

Free Webinar: What to Do With an Inheritance?

hear it from WAEPA

An inheritance should be all good news, but for too many people it becomes a frustrating expensive experience. Whether you expect an inheritance, plan to leave one or just know you might be called in make decisions for someone else’s estate, this webinar has valuable information for you. 

Getting College Funding When You’re A Federal Employee

hear it from WAEPA

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

hear it from WAEPA

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.

How I Save Over $427 a Year with WAEPA

hear it from WAEPA

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.

Paying Off Your Mortgage in 5-7 Years

hear it from WAEPA

WAEPA’s Annual Member Meeting this October will include a Plenary Address by Jordan Goodman, America’s Money Answers Man, on a variety of cutting-edge topics surrounding Financial Wellness. WAEPA sat down with Jordan to discuss one of the most noteworthy portions planned for speech, centered around paying off your mortgage in 5-7 years (on your existing level of income!).

Preparation Tips for FEHB Open Season 2019

hear it from WAEPA

As a federal employee, it is important to ask yourself if your current health plan is working for you. A change in marital status or a newly discovered medical condition can impact your coverage needs. To better adjust to the unexpected events in life, the Office of Personnel Management hosts its annual Federal Employee Health Benefits (FEHB) Open Season.

Protect yourself against fraud

hear it from WAEPA

WAEPA has just published The 2018 Consumer Assistance Guide – designed to help Federal Employees – like you – spot scams and better protect yourself against fraud.

Retirement Planning Tips

hear it from WAEPA

With Americans living longer lives, it has become increasingly critical to plan for the retirement years. And the earlier you start making plans, the more likely it is that you will be well prepared for your retirement.

Supplemental Insurance Options for Feds

listen to fedtalk on federal news radio wtop

Learn from insurance experts as they discuss your best options for long term care and life insurance. Host Debra Roth will be joined in-studio by Joan Melanson of Long Term Care Partners, and Shane Canfield of WAEPA.

This Week on FEDtalk: Long Term Care Rate Increase, WAEPA Life Options

listen to fedtalk wtop

Tune in to FEDtalk this week to hear from Joan Melanson of Federal Long Term Care Partners on the recent rate increase. In the second half of the show, we will talk with Shane Canfield of WAEPA about options for the federal life insurance open season.

This Week on FEDtalk

Ethics and Accountability for Government Attorneys

Tune in to FEDtalk this week for a discussion of ethics and accountability in the federal government. The guests will cover the Professional Review process for government attorneys and other government ethics considerations.

Read more ...

Hear it from FLEOA

FLEOA Scores Legal Victory for Agents with Hearing Loss

Federal Law Enforcement Officers Association (FLEOA) National President Nathan Catura released a statement earlier this week that detailed a settlement impacting agents with hearing loss.

Read more ...
FEDagent

FEDagent.com

The free weekly e-report for Federal Law Enforcement

Get in touch with us

Email FEDagent publisher

Copyright 2019 FEDagent.com
Hosted by Peak Media Company, LLC