Open Season In Retirement
Open Season In Retirement
Retirees can make changes to their FB options during Open Season, following the same rules as employees.
There are a few exceptions to this, but the general principle is if you can do it as an employee, you can do it as a retiree.
– Retirees have the same opportunities as employees to make changes to their FB options during Open Season. That makes the transition to retirement smoother and more flexible.
– Following the general rule of “if you can do it as an employee, you can do it as a retiree” simplifies decision-making for retirees regarding their FB options.
– Retirees can include their spouse in their FB plan, providing important coverage and support during retirement.
– The ability to choose specific FB plans, like BCBS standard self plus one, allows retirees to customize their healthcare coverage based on their individual needs and preferences.
– Retirees should be aware that there are exceptions to the general rule, and they need to stay informed about any limitations or changes that may affect their FB options in retirement.
– Subscribing and attending workshops can provide retirees with a wealth of information about their benefits, helping them make informed decisions and maximize their retirement experience.
– Continual learning is essential for retirees to keep up with updates and changes in FB options, ensuring they make the most of their benefits throughout their retirement journey.
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Register: https://fedpilot.com
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