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Review the new 2014 Federal Employees' Group Life Insurance (FEGLI) Handbook
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Congress approved a cost of living increase for Federal retirees.
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Determine the face value of various combinations of FEGLI coverage. Calculate the premiums for the various combinations of coverage, and see how choosing different Options can change the amount of life insurance and the premiums. Evaluate how the life insurance carried into retirement will change over time.
Determine your current annual salary according to various localities.
Includes projected Federal annuity and Thrift Savings Plan benefits to help you quickly identify approximately how much you need to save to fund a comfortable retirement.
Figure your monthly Federal income tax withholding.
Compute the tax-free portion of your monthly annuity payments.