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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.

House Democrats Seek Answers On Payroll Tax Deferral Order for Federal Employees

September 8, 2020 My Federal Retirement

payroll

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…

OPM Issues Rules on Restoring ‘Use or Lose’ Leave During COVID-19

August 18, 2020 My Federal Retirement

Annual Leave

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

August 17, 2020 My Federal Retirement

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?

August 10, 2020 My Federal Retirement

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…

New Locality Pay Areas Proposed for 2021

July 29, 2020 My Federal Retirement

The Office of Personnel Management has issued a proposal to add another new locality pay area and expand an existing area more…

AFGE Expands Lawsuit for COVID-19 Hazard Pay

July 28, 2020 My Federal Retirement

The American Federation of Government Employees has added plaintiffs from several new agencies in their lawsuit against the federal government on behalf of those who were exposed to the coronavirus while on duty more…

GAO Provides Caution to Risks of Reverse Mortgages

July 27, 2020 My Federal Retirement

Seniors may use reverse mortgages to help supplement retirement income, but a growing percentage have defaulted and are at risk of losing their home to foreclosure more…

GAO: To Improve CPI Indexes Used to Calculate Retirement COLAs, Data Should Be Evaluated

July 23, 2020 My Federal Retirement

retirement

“As the life expectancy of Americans continues to increase, more Americans will be subject to these adjustments, so it is critical for them to be accurate,” the GAO said… more…

Why the Roth TSP Could Be Beneficial to Many Federal Employees Due to SECURE Act

July 22, 2020 My Federal Retirement

Federal benefits expert, Ed Zurndorfer, explains why Thrift Savings Plan participants should consider reassessing which TSP account (traditional or Roth) to contribute to — and in what amounts more…

OPM: Federal Employee Health Benefits Are ‘Essential’ Services During Government Shutdowns

July 20, 2020 My Federal Retirement

A proposed rule would deem services under the Federal Employees Health Benefits Program and the Federal Employees’ Group Life Insurance Program as essential during any future lapse in appropriations more…

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