10 Things You Can Do Outside of an Open Season скачать в хорошем качестве

10 Things You Can Do Outside of an Open Season

Think you have to wait for Open Season to make meaningful financial decisions as a federal employee? This episode breaks that myth wide open. John, Ben, and Tommy walk through the most impactful moves federal employees can make any time of year, from optimizing your TSP and HSA to updating insurance, beneficiaries, and retirement strategies. You’ll learn how to take control of benefits like FEGLI, FEHB, Medicare prescription drug plans, military time buybacks, withholding adjustments, and long-term care. Whether you’re early in your federal career, nearing retirement, or already retired, this episode gives you a practical checklist to help you avoid costly mistakes, spot overlooked opportunities, and make more confident decisions year-round. Access the transcript at: https://www.masonllc.net -------------------- What you will learn: • What you can change in your TSP anytime. (1:19) • How FEGLI can be reduced, dropped, or added year-round. (2:36) • Why enrolling in FEGLI doesn’t always require Open Season. (4:00) • How to adjust tax withholding strategically. (5:55) • When and why to buy back military time. (6:45) • How the Medicare Prescription Drug Plan really works. (7:55) • What you can change in an HSA outside Open Season. (10:48) • Why beneficiary reviews are critical. (13:00) • What options exist for long-term care coverage. (14:30) • How life events unlock benefit changes. (16:19) Ideas worth sharing: • “We are big fans of dialling in withholding to where it should be, whether that’s in retirement or while we’re currently employed.” - Mason & Associates • “Thinking all open seasons are created equal is a mistake.” - Mason & Associates • “I much prefer to be in control of where the money’s going rather than defaulting back to whatever the government said was in my best interest.” - Mason & Associates -------------------- 📹🎙️ FEFP: Medicare Masterclass on Enrollment and the Inflation Reduction Act (EP87)    • Medicare Masterclass on Enrollment, Costs,...   💵 Thrift Savings Plan (TSP) https://www.tsp.gov/ 💵 FEGLI (Federal Employees’ Group Life Insurance) https://www.gpo.gov/who-we-are/career... 💵 FEHB (Federal Employees Health Benefits Program) https://www.opm.gov/healthcare-insura... 💵 Blue Cross Blue Shield prescription drug tool https://www.fepblue.org/pilot/rx-cost... 💵 Federal Long Term Care Insurance Program (FLTCIP) https://www.ltcfeds.gov/ 📹🎙️New Client Process and Experience    • SPECIAL EPISODE: New Client Process & Clie...   🤝Start Your Financial Plan https://www.masonllc.net/Start-Your-F... -------------------- Facebook:   / masonandassociatesllc   LinkedIn:   / masonandassociatesllc   Instagram:   / fedemployeefinancialplanning   Website: https://www.masonllc.net -------------------- Investment advisory services offered through Mason & Associates. The content of these videos are for general educational and informational purposes only and should not be considered specific investment, financial planning, tax planning, legal, or other professional advice. To the extent any specific investment or strategy is discussed, please note that all investments and strategies involve risk that an investor must be prepared to bear, and that the past performance of a particular investment or strategy is not indicative of its future return potential. Mason & Associates LLC does not control the content posted by third-parties to this page. To the extent that a third-party "likes," "recommends," "endorses," or otherwise posts a comment about Mason & Associates LLC on this channel, such opinions and comments should be solely attributed to their respective authors and should not be construed as a reflection of any client experience.