The Defending Public Safety Employees Retirement Act of 2015 amended the Internal Revenue Code to allow specified federal law enforcement officers, customs and border protection officers, federal firefighters and air traffic controllers who separate from service during or after the year they become age 50 to make withdrawals from the TSP without incurring a 10 percent early withdrawal penalty. Federal benefits expert, Ed Zurndorfer, discusses what the new law means to federal employees who are eligible to take advantage of the new law more…
Video: TSP 10% Early Withdrawal Penalty Tax
If you receive a TSP distribution before you reach age 59½, you may be subject to a 10% early withdrawal penalty tax in addition to the regular income tax. more…
FEGLI Life Insurance: For Annuitants and Retiring Employees
The Office of Personnel Management released a new video for federal employees approaching retirement and retired employees covering several important topics on FEGLI more…
VIDEO: Submitting Healthy Retirement Application Packages
This recorded webcast from OPM focuses on the most common errors — and tips to avoid them — when submitting an retirement application more…
2011 Federal Long-Term Care Insurance (FLTCIP) Open Season Announced by OPM
The Office of Personnel Management (OPM) has announced an Open Season for the Federal Long Term Care Insurance Program (FLTCIP) more…