What happens to my FEGLI Basic Life premium when i turn 65?

Title: What happens to my FEGLI Basic Life premium when i turn 65?

AANSWER: Coverage is free after you turn age 65 or retire (if later).

According to OPM, on the date of this posting (1/7/2025), your 'Option A - Standard' effective at the end of the month after the month in which you become age 65 or retire (if later), your Option A coverage will reduce by 2 percent of the pre-retirement amount per month until it reaches 25% of the pre-retirement amount ($2,500.00). Coverage is free after you turn age 65 or retire (if later). You cannot choose No Reduction for Option A.

Reference: The Federal Retirement News and Reference Source

More Reading: FEGLI in Retirement: Here’s the One Thing to Avoid; stwserve.com

FEGLI in retirement, Expense Reductions at age 65 years old,Life Insurance,FEGLI,Reference (2025 - FEGLI),

---

---

If You’re Retired, Do You Still Need Life Insurance?

Title: If You’re Retired, Do You Still Need Life Insurance?

Article Snip: "...It depends, but in general people tend to be underinsured early in life and overinsured later in life. Before making any decisions, get a needs analysis. ..."

Reference: www.kiplinger.com
Do You Still Need Life Insurance in retirement?

---

---