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Scott Thompson

For more than 20 years, Scott Thompson has written, published and developed hundreds of retirement resources for U.S. federal government employees. Scott is also the former CEO of Federal Employees News Digest (publishers of the Federal Employees Almanac) where he initiated and managed the development of the popular FederalSoup forum for federal employees.

Special Considerations for TSP Distributions

May 22, 2023 My Federal Retirement

TSP - Thrift Savings Plan

Ed Zurndorfer discusses some special considerations for a separated Thrift Savings Plan participant’s distributions from their account including vesting requirements, the TSP mutual fund window, spousal rights, and required minimum distributions (RMDs) more…

Bipartisan Senators Reintroduce Legislation to Keep Chinese Firms Out of Thrift Savings Plan

May 19, 2023 My Federal Retirement

If passed, the Taxpayers and Savers Protection Act would ban the Federal Retirement Thrift Investment Board from steering federal retirement savings to China and other countries of concern more…

Thrift Savings Plan ‘My Account’ Dashboard to Get New Features

May 11, 2023 My Federal Retirement

The new layout will allow TSP participants to easily view their account balance, rate of return, and year-to-date contributions. Secure mailbox notifications and a personalized to-do list will also be added more…

FEHB and Medicare: Helpful Resources from OPM

My Federal Retirement

Medicare and Federal Employees

The Office of Personnel Management offers several resources for federal employees and retirees regarding Medicare explaining how it works with the Federal Employees Health Benefits (FEHB) program more…

Proposed Legislation Would Require FEHB Carriers to Cover Infertility Treatments

May 4, 2023 My Federal Retirement

If passed, the Family Building FEHB Fairness Act would require Federal Employees Health Benefit carriers to cover in-vitro fertilization (IVF) and assisted reproductive technology (ART) services for federal employees more…

Senators Reintroduce Legislation to Address Tax Delinquent Federal Employees

April 27, 2023 My Federal Retirement

If passed, the bill would hold tax delinquent federal employees accountable for their tax debt or unfiled tax returns more…

USPS Issues Fact Sheets Regarding New Postal Service Health Benefits (PSHB) Program

April 25, 2023 My Federal Retirement

Effective Jan. 1, 2025, PSHB is a new, separate program within the Federal Employees Health Benefits (FEHB) program for postal service employees and retirees. Open season dates were also announced more…

Lawmakers Request Answers to OPM Retirement Application Backlog

April 21, 2023 My Federal Retirement

It has been reported that average retirement processing times have been far above the agency’s stated goal of 60 days — at least one case that has been in processing for fifteen months more…

Using OPM’s ‘Federal Ballpark E$timate’ Calculator for FERS / CSRS

April 13, 2023 My Federal Retirement

The Office of Personnel Management has updated it’s online calculator that projects annuity for FERS, CSRS and Thrift Savings Plan benefits to help federal employees more…

OPM Reminds Federal Employees, Retirees to Use Updated Beneficiary Designation Form

April 6, 2023 My Federal Retirement

The form allows the named beneficiary to receive any lump-sum benefit which may become payable under CSRS or FERS more…

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