The Federal Retirement Thrift Investment Board is amending its regulations to increase the automatic enrollment percentage from 3 percent to 5 percent of basic pay for all participants who are automatically enrolled in the TSP on or after October 1, 2020 more…
2021 Federal Retiree COLA Watch
With only one month left in determining the 2021 retiree COLA, the current trend increased slightly over last month. The official COLA figure will be released in mid-October more…
Federal Employee Group Asks OMB for Answers on Payroll Tax Deferral
The administration owes federal employees an immediate explanation of how and when the temporary tax deferral will affect their pay, according to a letter NTEU sent last week more…
House Democrats Seek Answers On Payroll Tax Deferral Order for Federal Employees
17 House Democrats on the House Ways and Means Committee last week sent a letter to the Trump Administration seeking clarity on the rollout of the president’s executive order on deferral of payroll taxes more…
Thrift Savings Plan (TSP) Returns: Monthly and Annual
View the latest Thrift Savings Plan returns of the G, F, C, S, I and L funds more…
2020 Federal Benefits Open Season Dates and Options Announced by OPM
The Office of Personnel Management officially announced the dates of the open season for FEHB, FEDVIP and FSAFEDs. It also provided answers to FAQs on the options available more…
Have You Checked Your Tax Withholding This Year?
The IRS’ online tool makes it easy for both employees and retirees to determine if they are having too little or too much federal tax withheld more…
OPM Issues Rules on Restoring ‘Use or Lose’ Leave During COVID-19
The rule allows some federal employees to carry forward more than 30 days of annual leave into next year if they were unable to schedule that leave due to their duties responding to the coronavirus pandemic more…
More Dental and Vision Insurance Options for Federal Employees in 2021
The Office of Personnel Management has selected additional insurance carriers for the Federal Employees Dental and Vision Program (FEDVIP) effective January 1, 2021 more…
Working From Home: Can Federal Employees Claim A Home Office Tax Deduction?
With more people working from home than ever before, here are some insights from the IRS to help taxpayers understand the home office deduction and whether they can claim it more…