The Thrift Savings Plan announced this morning the actions that affect participant’s RMDs as authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act more…
New Online Tools Will Help Americans Get and Track Status of Economic Relief Payments
While most payments will be sent automatically starting this week, the new web tools will assist others in confirming their eligibility. It is expected that everyone can check the status of their payments starting April 17. more…
Senate Democrats Propose $25,000 Pay Increase for Frontline Federal Employees
If passed, The Heroes Fund would provide essential workers with increased compensation and incentivize others to join the fight against the COVID-19 virus pandemic more…
How Waiver of RMD Payments Affects Federal Employees, Retirees in 2020 Under CARES Act
Federal benefits expert, Ed Zurndorfer, provides practical examples of how the coronavirus relief legislation allows the suspension of required minimum distributions for defined contribution plans (including the Thrift Savings Plan) and traditional IRAs more…
How Will COVID-19 Virus Crisis Impact Federal Employees’ Retirement Plans?
Federal benefits expert, Ed Zurndorfer, outlines important issues affecting federal employees’ plans to retire — including the Thrift Savings Plan, Social Security. Medicare, pay increases and COLAs more…