Re: [TSP_Strategy] Re: Life insurance other than FEGLI

 

David,

 

What Art mentions is a good point but his point is only based on the Basic option of the life insurance.  The good thing is the Basic portion does not go up with age and is therefore quite cheap to maintain.  Therefore, you might consider dropping all A,B,C options and maintaining just the Basic. 

 

Roger

On Tue, Nov 10, 2015 at 8:16 AM, Arthur Jeyes artjeyes@gmail.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:

 

David,

One point to consider related to FEGLI is the age 65 line.   If you retire at age 65 or if you retire before age 65 and keep you FEGLI active through age 65, a reduced amount of that life insurance is free for life.  Regardless of health.  You may be able to save some $$ now, but if you would like to maintain insurance after retirement, FEGLI is a huge benefit. 

Art

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Posted by: Roger Stocker <rstocker90@gmail.com>

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