Thrift Savings Plan participants have reported difficulties accessing accounts, discrepancies in account balances, missing or incomplete information, and hours-long wait times to reach customer service since the June roll-out of new features more…
Latest Articles
Spousal Survivor Benefits Upon the Death of a FERS Annuitant
Federal benefits expert, Ed Zurndorfer, outlines the the spousal benefits paid to the surviving spouse of a deceased FERS annuitant including: amount payable as a survivor annuity, effect of COLAs, lump-sum credit payments, spousal Special Retirement Supplement annuity, and more. Several practical examples are included… more…
Spousal Survivor Benefits Upon the Death of a CSRS/CSRS Offset Annuitant
Federal benefits expert, Ed Zurndorfer, outlines the the spousal benefits paid to the surviving spouse of a deceased CSRS and CSRS Offset annuitant including: eligibility requirements, the amount payable as a survivor annuity, the reduction to a survivor annuity, duration of the annuity and more. Several practical examples are included… more…
NARFE Urges Congress to Waive Required Retirement Savings Withdrawals Due to High Inflation
The National Active and Retired Federal Employees Association asked Congress to suspend the requirement that retirees age 72 and older take distributions (RMDs) from retirement savings accounts such as the Thrift Savings Plan more…
Spousal Survivor Benefits Upon the Death of a Federal Employee
Federal benefits expert, Ed Zurndorfer, discusses spousal benefits that are given to a surviving spouse upon the death of a married federal employee more…
10 Biggest Mistakes Federal Employees Make When Planning for Retirement (and How to Avoid Them)
Learn the 10 biggest federal retirement planning mistakes that many employees make before leaving civil service including CSRS, FERS, Thrift Savings plan and more more…
Why the US Treasury Series I Bond Is an Attractive Investment During Periods of High Inflation
Federal benefits expert, Ed Zurndorfer, explains Series I savings bonds — how interest rates work, which investors should consider them, and how to buy them more…
TSP’s Comedy of Errors in 4, 3, 2, 1…
Chris Kowalik discusses the legitimate frustrations federal employees have had about the Thrift Savings Plan’s recent transition to its new platform – and how they can protect themselves despite the TSP’s errors more…
TSP Issues Notice on Changes to Participant Statements
Due to a recent transition of the Thrift Savings Plan’s recordkeeping services, there are several changes that affect delivery of statements — and the way contributions and beneficiaries are displayed more…
House Effectively Endorses 2023 Pay Raise of 4.6%, Proposes Inflation Bonus for Some Federal Employees
The House’s silence on federal pay essentially puts the White House plan in effect by default. A 2023 inflation bonus for some employees was included in the House’s version of the NDAA more…