Tax Advantage Accounts
Life Events FAQs
Defined Benefit Plans
You will receive an annual enrollment packet from Farm Credit Foundations each November outlining any changes for the next calendar year.
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If you enrolled in retiree medical following your retirement from Farm Credit, your coverage will remain in place until you reach age 65. Your spouse may remain on the plan with individual coverage if you turn 65 prior to their 65th birthday.
cost of this coverage is deducted once a month from the bank account information you provided at the time of retirement. You will see the cost of the coverage by viewing your monthly banking statement, as direct withdrawal from your bank account is one of the features offered to Retirees’ when paying for health coverage following retirement.
When you reach age 65, Medicare will become your primary provider on the first day of the month in which you turn 65.
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