November 14, 2013
Subject: Retirement Readiness NOW Tip - FEHB Open Season
Your Retirement Readiness NOW Tip:
The Federal Benefits Open Season started November 11th and runs through December 9th.
Open Season is the time for you to think about your health, dental, vision and tax-saving needs. During Open Season eligible employees and retirees can:
- Enroll in or change your Federal Employees Health Benefits (FEHB) Program coverage
- Enroll in dental and/or vision coverage through the Federal Employees Dental and Vision Insurance Program (FEDVIP) or change your existing FEDVIP enrollment
- Sign up for flexible spending accounts through the Federal Flexible Spending Account Program (FSAFEDS)
Check the Open Season website or more detailed information.
Retirement Readiness NOW is not just about saving money and not just something you do just before retiring. Money is very important, but that’s not all. There’s a lot more to planning for your future than putting aside income out of each paycheck for retirement.
What else is there? Happiness, both today and in your future years, is based on your total well-being. So, when planning for your future, you also need to consider your total retirement well-being that encompasses the following:
Networking - What are you doing today that will allow you to be engaged, challenged and fulfilled in retirement?
Overall Health - What are you doing to stay healthy so that you can enjoy your retirement years?
Wealth - How well are you managing your income and investing for your future so that you will be able to support your desired lifestyle in retirement?