The Federal Retirement Thrift Investment Board is amending its regulations to increase the automatic enrollment percentage from 3 percent to 5 percent of basic pay for all participants who are automatically enrolled in the TSP on or after October 1, 2020 more…
Recent Articles
Understanding Your Future Long-Term Care Needs — Part II
One way for paying for long-term care expenses is having long-term care insurance. Federal benefits expert, Ed Zurndorfer, outlines the Federal Long-Term Care Insurance Program (FLTCIP): who is eligible, how to apply, the benefit choices, and the options for paying premiums… more…
Federal Employee Group Asks OMB for Answers on Payroll Tax Deferral
The administration owes federal employees an immediate explanation of how and when the temporary tax deferral will affect their pay, according to a letter NTEU sent last week more…
Understanding Your Future Long-Term Care Needs — Part I
Federal benefits expert, Ed Zurndorfer, discusses what federal employees should know in preparing for their future long-term care needs more…
House Democrats Seek Answers On Payroll Tax Deferral Order for Federal Employees
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…
Understanding the TSP Life Annuity Withdrawal Option – Part II
Federal benefits expert, Ed Zurndorfer, outlines the advantages, disadvantages and risks of a Thrift Savings Plan annuity. Several practical examples are included. more…
Some Federal Employees, Annuitants Face August Deadlines
Ed Zurndorfer provides a brief discussion of what is involved with these COVID-related deadlines for 2020 required minimum distributions (RMDs) and the FSAFEDS program. more…
Understanding the TSP Life Annuity Withdrawal Option – Part I
Federal benefits expert, Ed Zurndorfer, discusses what the TSP life annuity is, and how it can supplement a federal employee’s other guaranteed pension income more…
OPM Issues Rules on Restoring ‘Use or Lose’ Leave During COVID-19
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
The Office of Personnel Management has selected additional insurance carriers for the Federal Employees Dental and Vision Program (FEDVIP) effective January 1, 2021 more…