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  2. Federal Employees' Group Life Insurance Act - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees'_Group...

    The Federal Employees' Group Life Insurance Act (FEGLIA) is a United States federal statute passed by the 83rd U.S. Congress and signed into law by President Dwight D. Eisenhower on August 17, 1954. [2] The act provided for a group life insurance policy for most federal employees, similar to those provided for employees of most large industries.

  3. Administration of federal assistance in the United States

    en.wikipedia.org/wiki/Administration_of_federal...

    Direct Payments with Unrestricted Use (D) – Includes financial assistance from the Federal government provided directly to beneficiaries who satisfy Federal eligibility requirements with no restrictions being imposed on the recipient as to how the money is spent. Included are payments under retirement, pension, and compensatory programs.

  4. Worldwide Assurance for Employees of Public Agencies

    en.wikipedia.org/wiki/Worldwide_Assurance_for...

    WAEPA was formed during World War II, when, at the request of U.S. President Franklin D. Roosevelt, U.S. Secretary of the Treasury Henry Morgenthau Jr. contacted life insurance companies throughout the country asking if they would provide a maximum of $10,000 of life coverage for civilian government employees serving in war zones. [4]

  5. What happens if your life insurance beneficiary dies ... - AOL

    www.aol.com/finance/happens-life-insurance...

    Primary beneficiaries: The primary beneficiary is the person who receives the death benefit when you pass. There can be more than one primary beneficiary, with each person receiving a specific ...

  6. Supplemental Security Income - Wikipedia

    en.wikipedia.org/wiki/Supplemental_Security_Income

    The regulation is projected to "result in a reduction of about 6,500 OASDI [Social Security] beneficiary awards per year and 4,000 SSI recipient awards per year on average over the period FY 2019-28, with a corresponding reduction of $4.6 billion in OASDI benefit payments and $0.8 billion in Federal SSI payments over the same period."

  7. What is an irrevocable beneficiary? - AOL

    www.aol.com/finance/irrevocable-beneficiary...

    Key takeaways. An irrevocable beneficiary has a guaranteed right to receive the death benefit from your life insurance policy, and their consent is required for any changes that affect their rights.

  8. Social Security Administration will no longer count food aid ...

    www.aol.com/news/social-security-administration...

    The Social Security Administration has issued a final rule that will prevent food assistance from reducing payments to certain beneficiaries.. The change applies to Supplemental Security Income ...

  9. Universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Universal_life_insurance

    Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States.Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.

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