Thousands of federal employees have left or will be leaving federal service sometime between now and the end of 2025. Ed Zurndorfer discusses the options a separating employee has with their Thrift Savings Plan (TSP) traditional and Roth accounts. more…
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Why Having Emergency Savings is Vital for Feds
If you have little-to-no savings that is accessible to you when you need it, a job loss, government shutdown furlough, or medical emergency could be catastrophic to your finances. Chris Kowalik gives pointers on how you can build an emergency fund
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Federal Employee RIFs Can Continue During Government Shutdown, OPM Says
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…
Deadline for Correcting IRA Contributions and Filing Tax Returns
Ed Zurndorfer discusses both Oct. 15 deadlines, the two reasons why a federal employee or a retiree may need to recharacterize a 2024 IRA contribution, and what they should do to meet the deadlines and avoid penalties more…
What Happens to Your TSP Account During a Government Shutdown?
Get updated answers on the shutdown’s impact to Thrift Savings Plan contributions, loans and withdrawals more…