This time around, Rayna breaks down one of the most misunderstood benefits in the entire federal system: FEGLI Basic Life Insurance. From how your basic coverage is calculated, to why she is such a strong advocate for keeping it into retirement, Rayna explains why FEGLI Basic is one of the best—and most cost-effective—legacy protection tools available to federal employees.

Listeners learn how FEGLI provides tax-free death benefits under IRC Section 7702, why the government essentially “buries you for free” once you hit age 65, and how choosing between the 100%, 50%, and 25% reduction options impacts both coverage and cost. Rayna also introduces the Living Benefits provision, sharing real experiences of federal employees who were able to access their benefits early during a terminal illness—saving them from unnecessary taxes and penalties.

Whether you’re approaching retirement, reviewing your FEGLI elections, or considering additional coverage, this episode is packed with clarity, examples, and life-changing planning strategies to help protect your family and legacy.

Or call the American Federal Benefits Consultants team at 1-800-872-8857
Visit: AmericanFederal.org

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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.