Category: FLTCIP & LTC

Comprehensive Federal Benefits Guide for Military & Civil Service Families (2025 Revision)

Comprehensive Federal Benefits Guide for Military & Civil Service Families (2025 Revision)

Comprehensive Federal Benefits Guide for Military & Civil Service Families (2025 Revision) For over three decades, we at PlanWell have had the honor of guiding those who serve—whether in uniform or as faithful civil servants—through the many layers of federal benefits and survivor protections. We understand the anxieties that come with ensuring a loved one’s financial security, particularly when dealing with multiple agencies and evolving benefit programs. Armed with the Chartered Federal Employee Benefits Consultant℠ (ChFEBC), Certified Financial Planner™ (CFP®),

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Federal Retirement Newsletter

Sign Up for the Federal Retirement Newsletter You can expect up-to-date news and topics that federal employees find useful in preparing for retirement. That may be federal news, employee benefits, or financial planning education.   * indicates required First Name *Last Name *Email Address * How to Use PlanWell’s Resources Learning Center 200+ articles on federal benefits & financial planning. The learning center has a dedicated spot just for Feds. There is a wealth of information in our catalog of

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Maximize Your FERS Pension & Retirement Benefits – Receive a Detailed Federal Benefits Report

Planning for retirement? Need to know your specific FERS pension numbers? Meet with one of our Chartered Federal Employee Benefits Consultants.  At PlanWell, we take the time to offer a no cost and no obligation Federal Benefits Report unique to your numbers. What the Federal Benefits Report covers: The Federal Employee Retirement System (FERS) Civil Service Retirement System (CSRS) Thrift Savings Plan (TSP) Survivor Benefits Federal Employees Group Life Insurance (FEGLI) Federal Employees Health Benefits (FEHB) Medicare Social Security Sick

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Federal Long Term Care Insurance Program (FLTCIP) – A Simplified Guide

The Federal Long Term Care Insurance Program (FLTCIP) is sponsored and regulated by the Office of Personnel Management (OPM) and administered by John Hancock. The program was established in 2002 as a result of an act of Congress, the Long-Term Care Security Act of 2000. FLTCIP is on a renewable 7-year contract that must be approved by Congress. Who is Eligible to Apply? Federal and U.S. Postal Service employees and annuitants, active and retired members of the uniformed services, and

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Federal Long Term Care Insurance Program (FLTCIP) – 86% Premium Increase

On September 11th, enrollees in FLTCIP have been sent letters that their premiums will be increasing in 2024. Enrollees have the option to accept the premium increase or reduce coverage to maintain an equivalent premium. We have heard that premiums are increasing as high as 86% for some enrollees. OPM has not announced the figures publicly, but we have heard from enrollees that premium hikes range from 49% up to 86%.   OPM must reassess the contract with John Hancock

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