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Money and Finances
Reply to "Please explain the federal annuity"
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[quote=Anonymous][quote=Anonymous]Don't forget that if you take the deferred annuity at 62, you'll be eligible to buy into FEHP at subsidized employee rates. Of course, the value of that is questionable but is not zero.[/quote] Wrong. You can only buy into the health plan if you are retirement eligible when you leave the government and defer retirement then. You leave before you are retirement eligible and you are SOL. It is one of the most valuable pieces of retirement. When I went to a retirement seminar 10 years ago they said value of having the federal health plan in retirement was about 300K.[/quote]
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