Dedicated to Civilian Federal Employees since 1943

Dedicated to Civilian Federal Employees since 1943

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How I Save Over $427 a Year with WAEPA

This article is written by Brandon Jones   During my tenure as a Civilian Federal Employee, I was tuned into various Federal programs, like the Thrift Savings Plan (TSP), Federal Employee Retirement System (FERS), health options during Open Season, and other auxiliary benefits. I was not aware, however, that Feds have options beyond FEGLI for…

5 Underrated Skills That Make You Invaluable in Federal Service

Federal service has its own thrills, challenges, and culture. Civilian Federal Employees are impacted by political decisions and evolving agency landscapes, all while working to create tangible, long-lasting impacts on the country. If you’re a Federal employee, you likely take pride in your dedication to public service. No matter where you are in your career,…

Your six most important questions about WAEPA, answered.

Insurance can be confusing. Especially in the Federal space, where there is a sea of abbreviations for your benefits packages: TSP, FEHB, FERS, FEGLI, WAEPA, and the list goes on. To help you make sense of your life insurance options, we’ve compiled answers to your top six questions about WAEPA.   What is WAEPA? Worldwide…

What To Do When You Lose a Loved One

Part of a new eBook series from WAEPA As the life insurance choice of over 46,000 Feds and their families, WAEPA is committed to providing our members with access to products and services that promote their health, welfare, and financial well-being. Keeping in line with that goal, WAEPA has developed a “What To Do When…

4 Tips for College Funding

According to U.S. News, the average cost of college tuition in 2018-2019 ranged from $9,716 to $35,676. These costs are based on whether the college was private or public and in- or out-of-state. While college tuition costs may seem daunting, funding some or all of your child’s college education can be achieved if you create…

4 Things You Need to Know about the 2019 federal pay raise

During the first few weeks of the shutdown, many Feds were disappointed by news of an executive order to freeze pay for Civilian Federal Employees in 2019. Then, in an unexpected turn, Congress passed a federal pay raise in a funding bill on February 15, effectively overturning the freeze. On March 28, President Trump signed…

7 Essential Mobile Apps for Federal Employees in 2019

Most Civilian Federal Employees own smartphones loaded with apps designed to add value to their daily lives. For those looking for guidance on government information and services, there are a variety of mobile apps sponsored by the Federal government which provide relevant and accurate information.   If you’re looking to simplify your life as a…

Do you have enough emergency savings?

Life happens. And sometimes, it brings a financial hardship to your doorstep, leaving you scrambling to find the cash needed to handle the unexpected and often, unwelcome situation.   Twenty-three percent of Americans have zero savings to turn to in an emergency, according to a recent survey by Bankrate.com. Many people turn to credit cards…

Government Shutdown Q&A with Shane Canfield

WAEPA (Worldwide Assurance for Employees of Public Agencies), a nonprofit Voluntary Employee Benefits Association which offers Group Term Life Insurance* exclusively to Civilian Federal Employees, made headlines in January when they announced they were waiving January’s premiums for all their members, including those for Members not impacted by the partial Government Shutdown, which went on…

What my Family Needs to Know at my Death

For many, acquiring a life insurance policy can be uncomfortable due to the morbid nature of the planning, and all of the considerations that come into play as part of the process. However daunting it may seem, though, it is a necessary tactic in the overall strategy you should have in place when working to…

Evaluating Life Insurance Coverage Outside of Open Season

While it’s not Open Season for Life Insurance, it’s a perfect time to evaluate your coverage. Life insurance is a vital tool when it comes to safeguarding your family’s future. How would your family’s income be impacted if you passed away? What if you receive a terminal diagnosis? What will your family need to retain…

Carrying Coverage with WAEPA is Easier Than Ever

In addition to the many benefits we offer our Members, Civilian Federal Employees insured under our Group Term Life Insurance* and Guaranteed Issue Life Insurance Programs enjoy the ease of carrying coverage from us. Part of the many factors that makes WAEPA unique are our convenient payment options:   Paperless Bi-Weekly/Bi-Monthly/Monthly Payroll Deduction – If…

How Are 2019 GS Pay Scales with Locality Calculated?

Regardless of your tenure as a Civilian Federal Employee, it’s important to understand your salary and how it is calculated to ensure financial security. At the end of 2018, your financial situation will change by locality under the 2019 General Schedule (GS) pay scale, and you may wonder exactly how these changes will impact you…

Preparation Tips for FEHB Open Season 2019

As a federal employee, it is important to ask yourself if your current health plan is working for you. A change in marital status or a newly discovered medical condition can impact your coverage needs. To better adjust to the unexpected events in life, the Office of Personnel Management hosts its annual Federal Employee Health…

Should I Still Buy Life Insurance After Age 50?

Life insurance provides your dependents with financial support in the case of your death. If you’re over age 50 and retiring from a government job, your life insurance policy may need to be reevaluated. Perhaps you’ve paid off your mortgage, the kids are grown up and not dependent on you financially, or Medicare and Social…

Choosing the Right Executor for Estate Planning

Most individuals understand the fundamental importance of having a will, but few know that selecting the right executor to help manage their affairs is equally pressing. The executor, or personal representative, is tasked with various responsibilities including cataloging assets, paying debts and other bills, classifying your assets and allocating leftover finances to heirs. Picking the wrong…

How to Pass Your Federal Employee Probationary Period

Congratulations on landing a job in the Federal government! While your new position is cause of celebration, it’s no time to rest easy, as the government typically imposes a mandatory probationary period for new employees between the time they are hired, and when the position is offered on a permanent basis.   The purpose of…

Life Insurance Needs Analysis

When purchasing life insurance, it’s important to understand the financial needs of your beneficiaries before you choose a policy. Many individuals tend to think backwards when it comes to life insurance. They make critical decisions on the product they want, whether it’s permanent life insurance, basic term life insurance or even a combination of both,…

When was the last time FEGLI gave you money back?

Since 1996, WAEPA has refunded over $100 Million dollars to our members. Why do we do it? It’s simple: we’re a voluntary benefits association, here to serve our members. In honor of our 75th Anniversary, we’re revisiting the history and benefits of our Premium Refund Program:   WAEPA’s Premium Refund Program started in May of…

How to Wind Down Your Spending Habits After You Retire

In retirement, you will live on a fixed income, meaning you’ll need to ensure that your expenses do not exceed your income. While the idea of living more frugally may not appeal to you, it may even easier than you expected, since a fixed, predictable income can help you determine how to appropriately budget both…