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No Reduction: your Basic coverage does not reduce. You maintain the same amount of Basic coverage you had when you stopped being enrolled as an employee. There is a larger extra premium for this choice that you will continue to pay until you die, switch to 75% Reduction, or cancel Basic.

Federal Employees Group Life Insurance (FEGLI) Employee's is provided paperwork (e.g., SF-2821 and SF-2819) to convert federal group coverage to an individual policy. Employee remains covered for an additional 31 days after separation date.

An employee may at any time file an SF 2817 to waive or reduce coverage, unless the employee has assigned his/her insurance coverage. If the employee has assigned the insurance, only the assignee(s) may waive or reduce the coverage (except for Option C which cannot be assigned).

Line 6 asks you for the type of entity you're electing to be taxed as, and whether your business is a domestic eligible entity. If you're based in the United States, check a if you want to be taxed as a corporation, b to be taxed as a partnership, and c as a sole proprietor.

Tax form 8832 is typically used by partnerships or Limited Liability Companies (LLCs) to choose or change their tax classification. In technical terms, Form 8832 lets taxpayers elect to classify or reclassify their entity structure from one type to another.

FEGLI Basics and Options Basic FEGLI coverage will pay your designated beneficiary one full year's salary plus $2,000 when you die.

Federal Employees' Group Life Insurance (FEGLI) Program. Instructions for Completing this SF 2818. Complete this form when you retire or when you are receiving compensation payments from the Office of Workers' Compensation Programs (Department of Labor) and your FEGLI coverage as an employee ends.