The Federal Employees’ Group Life Insurance Program (FEGLI) is having a rare Open Season the month of September. This is the first FEGLI Open Season since 2004. If you are a Federal employee eligible for FEGLI, you can increase your coverage without medical underwriting. The lack of medical underwriting means you won’t have a medical […]
Tag Archives | life insurance
Year-End Financial Checklist
By Michael Wroblewski, CFP® on December 8, 2015 in Long-term Investment Strategies, Spending Habits for Young Professionals
Try to do at least three things from this year-end financial checklist. Doing so will tidy up your 2015 finances and start your 2016 on the right financial foot. 1. Don’t leave money on the table. If you have a flexible spending account (FSA) for health care expenses or dependent care, and you haven’t used […]
Young Professionals and Permanent Life Insurance
By Michael Wroblewski, CFP® on September 17, 2015 in Insurance Needs for Young Professionals, Long-term Investment Strategies
The conventional wisdom is that many young professionals don’t need permanent life insurance. The reasons include the high cost compared to term life insurance and the temporary need for life insurance during the time they are paying down the mortgage and saving for college educations. But permanent life insurance may be appropriate as part of […]