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Premium Conversion - U.S. Office of Personnel Management

Premium conversion for Federal Employees enrolled in the FEHB Program went into effect in October 2000. A brief description of the program and its tax implications. Answers to many questions about …

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Some Federal Employees May Want to Waive 'Premium Conversion' for FEHB ...

Federal benefits expert, Ed Zurndorfer, explains what premium conversion is, how it works, and why some employees may want to consider waiving participation in premium conversion …

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Federal Employee Health Insurance Premium Conversion

“Premium conversion” is a pre-tax arrangement in which the part of an employee’s salary that goes for Federal Employees Health Benefits program or Postal Service Health Benefits program ...

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Everything You Wanted to Know About FEHB Premium Conversion…

If your initial opportunity to enroll in FEHB occurs on or after October 1, your agency must deduct your premiums on a pre-tax basis from your pay effective with the first applicable payroll period beginning …

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What is premium conversion and how does it work? - eCFR

§ 892.102 What is premium conversion and how does it work? Premium conversion is a method of reducing your taxable income by the amount of your contribution to your FEHB insurance premium.

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What Federal Employees Need to Know About FEHB Premium Conversion

Federal employees shelter their share of the FEHB plan premium from income taxes through what is called "Premium Conversion." Employees have the right to opt out of this program. …

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FEHB Highlights: Understanding Premiums and Premium Conversion

While actively serving, federal employees can participate in ‘Premium Conversion,’ which allows the premiums to be taken pre-tax. This both boosts net money received each paycheck and reduces …

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Federal Employees Receiving Premium Conversion Tax Benefits

All employees who enroll in the FEHB Program and are eligible for premium conversion automatically receive premium conversion tax benefits, unless they waive participation.

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How FEHB Payroll Deductions Work for Federal Employees

Waiving Premium Conversion results in the deduction being taken on a post-tax basis, meaning the premium is withheld after all payroll taxes have been calculated. Standard Payroll …

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Does Your FEHB Premium Change in Retirement?

How FEHB Premium Conversion Works While employed, FEHB Premium Conversion offers a significant tax advantage. Your FEHB premiums, such as those paid to Blue Cross Blue …

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