As you can see from the Summary below, a Federal Employee's insurance and retirement benefits are not very competitive in the "real world" as they pertain to price (FEGLI-Federal Employee Group Life Insurance-is almost 70% higher than anything else out there) and performance (many Federal Employees are earning less than 1% in their TSP-Tax Savings Plan-each year). Only 1 in 23 Federal Employees have an Insurance or Financial Advisor, as their natural instinct is to rely on their HR Department for that type of advice
Benefits and Insurance Programs
- Beneficiary Designations
- Dental Insurance Program
- Federal Flexible Spending Account Program
- Health Benefits
- Life Insurance
- Long-Term Care Insurance