The FEGLI Benefit Too Many Federal Employees Give Up

Could one of the most valuable benefits in your federal career also be one of the most misunderstood? In this episode of Rayna Retirement, Rayna Reyes explains why FEGLI Basic Life Insurance is often worth keeping—even if you're considering purchasing private life insurance. She breaks down what Basic coverage costs while you're working, the retirement options available after age 65, and why keeping at least a portion of your coverage could provide free lifetime protection. Rayna also discusses FEGLI's unique living benefit, which can provide a tax-free advance of your death benefit following a qualifying terminal diagnosis, offering valuable financial flexibility when families need it most. -- Contact Rayna directly at 850-450-6500 Or call the American Federal Benefits Consultants team at 1-800-872-8857 Visit: AmericanFederal.org -- YouTube: https://www.youtube.com/@RaynaRetirement Rayna Retirement is the go-to podcast for federal employees – or anyone – looking to make smarter financial decisions with clarity and confidence. Hosted by Rayna Reyes, co-founder of American Federal Benefits Consultants, this show simplifies the complexities of retirement, benefits, and financial planning. Whether you're navigating your FERS or CSRS pension, maximizing your TSP, or seeking expert advice on 401(k)s or IRAs, Rayna is here to guide you every step of the way. Tune in for practical knowledge, ethical solutions, and expert insights as you prepare for a secure and fulfilling retirement.