The Senators say proposed changes to the TSP’s I fund will expose nearly $50 billion in retirement assets of federal government employees to “severe and undisclosed material risks” more…
Are You Having Enough Tax Withheld? Find Out By Using the IRS’ New Estimator
Just because a taxpayer already filed their tax return doesn’t mean they don’t need to think about taxes for the rest of the year more…
Changes in Retirement Plan Rollover Rules That Affect the Thrift Savings Plan
In June 2019, the Securities and Exchange Commission made the most significant changes to investment advice standards in more than two decades. Federal benefits expert, Ed Zurndorder, explains how they affect the TSP more…
New Nationwide FEHB Plans to be Offered in 2020
Federal employees will see two new options in the Federal Employees Health Benefits Program during this year’s open season more…
Your New TSP Withdrawal Options
This new video provides a broad overview of the changes coming to the Thrift Savings Plan on Sept. 15 from the passing of the TSP Modernization Act more…
WEP Repeal Legislation Introduced in House
If passed, the bill would permanently repeal the Windfall Elimination Provision affecting many federal retirees and transition “to a fair formula” for receiving Social Security benefits more…
TSP Outlines New Method for Catch-Up Contributions
The “spillover” method will start in 2021, and will make it easier for eligible participants to contribute more toward their retirement. An FAQ is provided more…
Legislation Would Stop Bonuses for Some Federal Employees
The bill would prohibit agencies from giving bonuses to federal employees who have conduct violations, and recover previously awarded bonuses when the agency learns of misconduct more…
New Guidance for Federal Employee Bonuses in 2020 Issued by OPM
The Office of Personnel Management issued two memos in the last week regarding employee awards and performance management in FY2020 more…
Bill Would Provide Lifetime ID Theft Protection After OPM Data Breach
The legislation requires OPM to provide the coverage for the remainder of the life of the affected individuals more…