The ten biggest errors federal employees make, pt. 2

Friday - 6/11/2010, 10:31am EDT

Ed Zurndorfer, registered employee benefit consultant

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What are the 10 biggest mistakes feds make when planning for retirement? Ed Zurndorfer is a registered employee benefit consultant. He's come up with a list. Last time we spoke with Ed, we discussed mistakes 1 and 2. Today, we look at a few more:

    Mistake #3: Failure to fill out and if necessary, update beneficiary designations.

    Mistake #4: Failure to understand the rules for maintaining federal health insurance (FEHB) during retirement.