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 more…
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 more…
2027 Federal Pay Raise Proposed at 4.1 Percent
If passed, the Federal Adjustment of Income Rates (FAIR) Act would provide federal workers with a 3.1% across-the-board increase in basic pay next year plus an average 1% increase in locality pay. more…
Best (and Worst) States to Retire in 2026
A recent study compared the 50 states across 46 key indicators of retirement-friendliness including tax rates, cost of living, and access to quality medical care and fun activities. Here’s what they found… more…
Legislation Would Guarantee Pay for Federal Employees and Contractors in Government Shutdowns
If passed, the True Shutdown Fairness Act would also prevent layoffs during any government shutdowns in fiscal year 2026 more…
TSP Roth In-Plan Conversion: Calculators, How-To Guide & Video Tutorial
The new TSP Roth In-Plan Conversion Option started Jan. 28. Are you confused about what it is? Is it the right option for you? Here are several tools from the TSP to help, including a 20-page guide, tutorial video, and two online calculators more…
Monthly Guide to Getting Your Finances on Track
Big, sweeping New Year’s resolutions can be tough to stick to. To help you get your finances on track, Chris Kowalik has broken down some smaller financial goals for you to work on month-by-month this year more…
35% Pay Raise Proposed for Some Federal Employees
If passed, the Federal Correctional Officer Paycheck Protection Act would give a 35% special salary rate increase for correctional officers at the Bureau of Prisons to address staff shortages nationwide. more…
TSP Issues Policies on New Roth In-Plan Conversion Option starting Jan. 28
The Thrift Savings Plan posted details on the new Roth In-Plan Conversion Option which starts Jan. 28. It includes FAQs, important policies, tax considerations, and a helpful guide on deciding whether this is a good option for you more…
Proposal to Allow Penalty-Free TSP Withdrawals in Certain Emergencies
If passed, the Thrift Savings Plan Emergency Withdrawal Act would assist former federal employees pay their bills after leaving the federal workforce by allowing them to make penalty-free withdrawals from their TSP account more…