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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.

Government Shutdown Relief Bill Introduced to Ease Hardship TSP Withdrawals

October 6, 2025 My Federal Retirement

If passed, the legislation would allow federal employees to withdraw funds from their TSP without being penalized if the government shutdown is prolonged, while ensuring that funds could be recontributed later on more…

Federal Employee RIFs Can Continue During Government Shutdown, OPM Says

September 30, 2025 My Federal Retirement

In updated guidance published Sunday, the Office of Personnel Management issued clarification on how federal government agencies should handle Reduction In Force (RIF) procedures. FAQs are provided more…

What Happens to Your TSP Account During a Government Shutdown?

September 29, 2025 My Federal Retirement

Get updated answers on the shutdown’s impact to Thrift Savings Plan contributions, loans and withdrawals more…

What Happens to Federal Pay, Leave & Holidays During a Government Shutdown?

My Federal Retirement

Will employees who are furloughed get paid? What about taking leave, or getting paid for holidays? The Office of Personnel Management has prepared guidance for federal employees on shutdown furloughs when there is a lapse in annual appropriations more…

Government Shutdown: How It Affects Your Benefits & Retirement

My Federal Retirement

With a government shutdown looming, federal employees and retirees are asking questions of how it may affect them. Here’s the Office of Personnel Management’s FAQs on how a shutdown affects federal benefits (such as health and life insurance), as well as federal pension (FERS/CSRS) annuity payments more…

TSP Roth In-Plan Conversions Coming January 2026

September 9, 2025 My Federal Retirement

The Thrift Savings Plan (TSP) announced officially last week that starting in January 2026 TSP participants will be able to convert their money in traditional TSP (pre-tax) balance to a Roth TSP (after-tax) balance. Helpful resources are available on the TSP Roth option more…

TSP Withdrawal Option: Installment Payments (Automatic Withdrawals)

September 4, 2025 My Federal Retirement

Ed Zurndorfer discusses the Thrift Savings Plan installment payment withdrawal option, including the fixed dollar payment amount and a payment based on life expectancy. A practical example is included more…

TSP Withdrawal Option: Annuity Purchase

September 3, 2025 My Federal Retirement

Ed Zurndofer discusses the Thrift Savings Plan life annuity withdrawal option when an employee leaves or retires from federal service including: how much the monthly payment amount is, the types of annuity options that can be purchased, how to purchase them, and additional features that allow beneficiaries. A practical example and important reminders are included more…

2026 Federal Pay Raise: White House Releases Alternative Pay Plan Letter

September 2, 2025 My Federal Retirement

The plan proposes an the across-the-board 2026 federal employee pay raise of 1 percent with no increase in locality pay. Some federal law enforcement officers would receive larger raises more…

New TSP Training Webinars

August 5, 2025 My Federal Retirement

The Thrift Savings Plan has announced its recent line-up of free training including the topics of TSP contributions, investment funds, loans, withdrawals, and death benefits more…

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