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.