A couple of areas federal employees often overlook when planning for retirement are the "five year rules" that apply for keeping both Federal Employee Health Benefits (FEHB) and Federal Employee's Group Life Insurance (FEGLI) after retirement. Here are a some frequently asked questions regarding these issues from the Office of Personnel Management (OPM): When can I keep my … [Read more...] about The 5-Year Rule: Keeping Your Federal Health Benefits and Life Insurance After Retirement
Thrift Savings Plan (TSP) Summary of Returns Below are the latest TSP returns of the G, F, C, S, I and L investment funds as calculated by the Thrift Savings Plan. A description of each of the TSP funds here. Previous Calendar Years — TSP Returns [Pinch-to-zoom/enlarge images below] Current Year (2021) — Thrift Savings Plan Returns [Pinch-to-zoom/enlarge … [Read more...] about Thrift Savings Plan (TSP) Returns: Monthly and Annual
The IRS announced last month that, as required by law, all legally permitted first and second round of Economic Impact Payments have been issued and the IRS now turns its full attention to the 2021 filing season. SEE ALSO: How Eligible Individuals Can Claim Recovery Rebate Credit If They Missed Economic Impact Payments Beginning in April 2020, the IRS and Treasury Department … [Read more...] about Where’s Your $600 Stimulus Payment?
House Democrats Don Beyer (D-VA), Eleanor Holmes Norton (D-DC), Gerald E. Connolly (D-VA), Anthony Brown (D-MD), Jamie Raskin (D-MD), David Trone (D-MD), and Jennifer Wexton (D-VA) this month wrote to Office of Personnel Management Acting Director Kathleen McGettigan, requesting that federal employees be given the option of administrative time off to receive a COVID-19 … [Read more...] about Lawmakers Seek Administrative Leave for Federal Employees Receiving COVID-19 Vaccine
House Democrats last week announced a COVID-19 relief bill that includes up to 15 weeks of paid emergency leave for federal employees experiencing challenges related to the pandemic. The bill would also provide emergency paid leave for postal workers. Under the proposed legislation, federal employees would be eligible for up to 600 hours of leave when forced to quarantine or … [Read more...] about 15 Weeks Paid Leave Included in Proposed COVID Relief Package