When FEGLI started, it was really designed to cover people who went off to war, federal employees who were going into World War II," said Tammy Flanagan.

Life insurance can be a highly emotional yet extremely important part of retirement planning. Following decades of diligent saving, you may have a clear vision of where funds will go following your ...

A 64-year-old federal employee can elect a $58,000 single-life FERS pension and purchase a 20-year term life policy for roughly $3,200 annually, netting $2,800 extra cash flow yearly versus the ...

We break down the tax implications, advantages and downsides of using your cash value to supplement your retirement savings ...