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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.

NARFE Supports Improvements of OPM’s Retirement Services in House Appropriations Bill

June 29, 2022 My Federal Retirement

The National Active and Retired Federal Employees Association has concerns about significant retirement processing delays and the inability of annuitants and their families to connect with OPM (via phone, email or other method) to receive needed assistance more…

Lawmaker Requests Meeting with TSP to Discuss Ongoing Problems with New Online System

June 28, 2022 My Federal Retirement

Since the rollout of new features on the Thrift Savings Plan’s website earlier this month, federal employees and retirees ave reported numerous issues including information not being properly transferred and taxes not being properly allocated more…

Bill Would Give Equal COLA to Both FERS and CSRS Federal Retirees

June 16, 2022 My Federal Retirement

Cost of living adjustment (COLA) prediction

If passed, the Equal COLA Act would give federal retirees in both FERS and CSRS the same annual  cost of living adjustment each year more…

Legislation Would Ban ESG Investments in Thrift Savings Plan

June 7, 2022 My Federal Retirement

If passed, the No ESG at TSP Act would prohibit the TSP from allowing participants to invest their retirement savings into funds that make investment decisions based on environmental, social, governance, or political criteria more…

Thrift Savings Plan’s Website Resumes After Blackout Period to Add New Features

June 3, 2022 My Federal Retirement

All TSP participants are required to establish a new login to regain access to their account on TSP. gov more…

Senators Urge TSP to Cancel Mutual Fund Window

June 2, 2022 My Federal Retirement

The senators believe the new program could expose the investments of TSP participants to Chinese companies, including ones currently sanctioned or otherwise blacklisted for the threat they pose to U.S. national security more…

Proposal Would Increase Social Security Earnings Limit

May 26, 2022 My Federal Retirement

If passed,the Senior Citizens Inflation Relief Act would temporarily raise the threshold of income Social Security recipients could earn while still working more…

New Login Tool Required for OPM’s Retirement Services Online Starting May 26

May 23, 2022 My Federal Retirement

The service provides access for federal retirees and annuitants to manage their annuity payment information, federal and state tax withholding, tax forms, and other benefits more…

Thrift Savings Plan Transition Dates for New Features Start May 16, 2022

May 13, 2022 My Federal Retirement

The Thrift Savings Plan has provided an outline of how to prepare and a list of the key transition dates from May 16 until the first week of June more…

Best and Worst States for Property Tax

May 12, 2022 My Federal Retirement

Because many retirees are on a fixed income, property taxes can play an important part in the decision of where to live during retirement years more…

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