On January 28, the Office of Personnel Management (OPM) sent a mass email titled “Fork in the Road” to over 2 million federal employees, outlining a major decision point. Employees had until February 6, 2025, to choose between two options: continue working under new workforce reforms or voluntarily resign and receive full pay and benefits through September 30, 2025.
This decision came as federal agencies face restructuring, downsizing, and relocations. Although the Deferred Resignation Program is now closed, federal employees who did decide to transition their employment are faced with new questions.
Breathe easy. This is new terrain, but you’re not alone. At Curio Wealth, our advisors have served federal employees and their families for decades and we understand the ins-and-outs of dealing with federal employment benefits. We’re here to lessen your load and answer questions big and small when you need us. Click below to schedule a no-strings consultation.
Whether you’re retiring through VERA (Voluntary Early Retirement Authority), facing a RIF (Reduction in Force), or anything in between – we’ve got you covered.
| Benefit | VERA Retirement | Normal Retirement | RIF Separation (Without Retirement) | Quitting |
|---|---|---|---|---|
| FEHB (Health Insurance) | Continues if enrolled 5+ years; govt still pays its share. | Continues if enrolled 5+ years; govt still pays its share. | Ends after 31 days, but TCC available for 18 months (employee pays full cost + 2% fee). Cannot reinstate later with deferred retirement. | Ends after 31 days, but TCC available for 18 months (employee pays full cost + 2% fee). Cannot reinstate later with deferred retirement. |
| FEGLI (Life Insurance) | Continues if enrolled 5+ years, with option to reduce or keep full coverage (at cost). | Continues if enrolled 5+ years, with option to reduce or keep full coverage (at cost). | Ends after 31 days, but can convert to a private policy (at full cost, no medical exam). | Ends after 31 days, but can convert to a private policy (at full cost, no medical exam). |
| FEDVIP (Dental & Vision) | Continues into retirement (no length-of-service requirement). | Continues into retirement (no length-of-service requirement). | Ends immediately, no TCC available, and cannot reinstate later with deferred retirement. | Ends immediately, no TCC available, and cannot reinstate later with deferred retirement. |
| FLTCIP (Long-Term Care Insurance) | Continues as long as premiums are paid directly. | Continues as long as premiums are paid directly. | Continues as long as premiums are paid directly. | Continues as long as premiums are paid directly. |
We believe we ask better questions that help unearth your financial goals and dreams. This gives us the information needed to create a tailored financial plan that brings your goals to life with clarity and confidence.
Our wealth management services provide customized strategies that help enhance growth and minimize risks – guiding you towards the best possible path forward.
Our tax planning and preparation are instrumental in assisting you in maximizing your tax efficiency. We work with your CPA or handle tax compliance in-house.
Investing aligned with your financial plan goals is a powerful strategy for wealth growth, yet navigating the complexities of investment options, strategies, and risk levels can be overwhelming.
That’s why we do the heavy lifting.
Disclosures | ADV Part 2A | ADV Part 2B | CRS | Privacy Policy | Sitemap
