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Reply to "Fed — retire at 30 yrs, before 62?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Do any feds have great resources to learn about retirement? Like how it effects you if you retire at 57 but don’t take money out until 62? [/quote] The problem there is that my understanding is that doesn’t allow you to keep the health insurance.[/quote] That is not correct, [b]you keep your health care if you have your min. age have the years of service[/b].[/quote] If you retire *on an annuity* at your minimum age. If you don’t take the money until later, it’s a deferred retirement and you won’t keep FEHB.[/quote] I don't know the answer to this question but below is what OPM says. Not clearly to what "entitled" means - qualify to take it or you must take it?? [i]In order to carry your FEHB coverage into retirement, [b]you must be entitled to retire on an immediate annuity[/b] under a retirement system for civilian employees (including the Federal Employees Retirement System (FERS) Minimum Retirement Age (MRA) + 10 retirement) and must have been continuously enrolled (or covered as a family member) in any FEHB plan(s) for the 5 years of service immediately before the date your annuity starts, or for the full period(s) of service since your first opportunity to enroll (if less than 5 years).[/i][/quote]
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