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Retirees & Annuity Deductions

Most retirees, as well as survivor annuitants, pay premiums through annuity deductions. All annuity deductions are post-tax.

First and Last Deductions for the Year

If you enrolled in or changed a FEDVIP plan during Open Season, you should see your first deduction for the next plan year included in your February annuity statement.

If you canceled a FEDVIP plan during Open Season, your January annuity statement will reflect the last premium deduction for the prior plan year (December). You should not see a deduction for the canceled FEDVIP plan on your February annuity statement unless you have a past-due balance.

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