The lawmakers warned the delays are due to workforce reduction policies and that the Office of Personnel Management has provided only a partial response — while federal retirees are still experiencing significant delays and communication failures regarding their retirement applications
The Barbell: A Strategy for Managing the Thrift Savings Plan in Retirement
A popular free annual publication has been released by well-known CPA and federal retiree, Chris Barfield which explains the TSP investment options and how one might allocate their funds when they are in retirement. It also illustrates the “Thrift Savings barbell strategy” by using a fictional character who retired from federal service — tracking his TSP account in real-time using actual TSP returns.
USPS Suspends Retirement Contributions to FERS to Avoid Running Out of Cash
The United States Postal Service is temporarily suspending payments to the Federal Employees Retirement System on April 10 after warning Congress in March it will run of cash in less then 12 months. A FAQ on the action is available
White House Budget Calls for 2027 Federal Pay Freeze
The White House proposed on Friday up to a 7% military pay raise, but no 2027 pay raise for civilian employees
FAQs: Federal Retirement & Taxes
It’s been a confusing and frustrating tax season for many federal retirees, not including the delay for many in receiving their 1099-R form. Here’s a list of frequently asked questions provided by the Office of Personnel management that covers information about your 1099-R, how much of your annuity is taxable (or tax-free), refunds of retirement contributions, and why the tax on your federal retirement annuity may have changed. Links, phone numbers, forms and other helpful resources are included
OPM to Federal Retirees: Forms 1099-R Are Mailed, Receive by March 18
Many federal retirees and annuitants have been waiting for weeks to receive their 1099-R form to file their 2025 taxes. OPM said the paper form of those documents were being mailed the week of March 9. If retirees do not receive the form by March 18, they should email OPM
Federal Retirees Encounter Weeks of Delay Receiving Tax Documents from OPM
Numerous federal retirees have been waiting for several weeks to receive important tax documents and are unable to reach OPM for assistance. A group of House members has urged OPM to address the issue
Bigger Buyout Incentive Payments Proposed for Federal Employees
If passed, the Federal Workforce Early Separation Incentives Act would raise the cap for federal employee “buyouts” through the Voluntary Separation Incentive Payment (VSIP) program — a tool which allows federal agencies to offer buyouts to employees who voluntarily leave government service
Legislation Would Ban TSP Investments in Adversary Nations
If passed, the TSP Fiduciary Security Act would prevent the Thrift Saving Plan funds from being invested in countries of concern, such as China, Cuba, Iran, Russia, North Korea, Syria, Sudan, and Venezuela
How to Get Your 1099-R for CSRS/FERS Annuity and TSP
If you are missing an IRS form 1099-R from either your CSRS/FERS annuity or your Thrift Savings Plan (TSP) account, here are the instructions to get them