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May 5, 2024

Federal Employee Retirement and Benefits News

Recent Stories

Donald Trump

White House Stands Behind 2019 Pay Freeze

The fiscal budget proposal for 2019 put out by the White House on February 10th had some unpleasant tidings for employees of the federal government. The Trump Administration’s suggestion of a pay freeze was one of the most worrisome. For...

TSP’s I Fund To See A Much Brighter Future With FRTIB’s Change

In November 2017, the Federal Retirement Thrift Investment Board option to expand its I Fund, which included the following: small-capitalization businesses, emerging markets, and Canada. You can read the full plan by checking out their November meeting minutes. In a...
The Blended Retirement System is for members of the military.

How To Get More Money From The Blended Retirement System

Free money—that’s the key advantage to using the Blended Retirement System (or BRS, for short) for people in the military and the federal government. Every time a person contributes to their Thrift Savings Plan (TSP) retirement account, the service matches...
Congress Makes Some Changes To TSP With Modernization Act, Still Misses Opportunity To Improve It Further

Congress Makes Some Changes To TSP With Modernization Act, Still Misses Opportunity To Improve It Further

What Does the TSP Modernization Act Mean? A significant number of federal employees are using the Thrift Savings Plan as their key retirement savings account. After all, it comes with easy-to-comprehend market indexes with little fees. It allows them to match...
Spend your retirement with the family you love.

6 Important Facts about Retirement

When you are preparing for retirement, some things may come as a surprise. Retirement has changed significantly over the years, as American culture and economics have changed what retirement looks like for you as compared to your parents. Fact #1:...
An empty mailbox

Rural America’s Postal Service is Slowly Crumbling

Recently, President Donald Trump announced that there would be drastic cuts in federal retirement benefits that would affect current and future employees attempting to retire. Among other changes, the retirement system would take a $143.5 billion cut in funding. In the...
Trump

Trump threatens another government shutdown

Recently, U.S. President Donald Trump threatened yet another government shutdown if Congress did not provide more funding to build the Mexican border wall. “That wall has started,” said Trump as a campaign rally in Washington, Michigan. “We have 1.6 billion...
FERS for LEOs and Firefighters

FERS for LEOs and Firefighters

The intricacies of LEO and firefighter retirements are considered to be unique as compared to the public sector in general; between early retirement, more generous annuities, and other small changes, it can be a challenge to understand quite what to expect...
Framework for Unified Conservatism Creates Challenges

Framework for Unified Conservatism Creates Challenges for Federal Offices

A large number of government employees are up in arms about the Republican’s 2019 budget proposal. The GOP has termed the legislative proposal, A Framework for Unified Conservatism. After watching a House of Representatives led by Speaker Paul Ryan (R-WI),...
Have you Reached a Life Insurance Milestone?

Have you Reached a Life Insurance Milestone?

Life insurance is always a challenging thought to confront- the idea that you have to pay to protect yourself in the event of your death is a grim concept, but it is also a necessary one. Remember, in the best...
Pills

How Medicare Works with Self +!

Health expenses are increasing with no real signs of slowing down any time soon. And for seniors, the costs can be astronomical. Of course, most employees and retirees when they turn 65, will see Medicare covering most of these expenses....
U.S. and China trade war has many investors concerned and butting heads

Will A Trade War Hurt The TSP?

The last few months have been a rollercoaster ride for the stock market, and the rollercoaster seems to be getting even faster with the prospect that a U.S. and China trade war could ensue. The question is, does it really...

How TSP Payments Are Provided Using The IRS Life Expectancy Guideline

Most people, when they want to withdraw money from their TSP, use the equal monthly payments.  When the TSP Modernization Act is enacted, it gives people the option to pick how they want their payments – annually, quarterly or monthly. ...
Offset Your Tax Bill By Withholding More From Your TSP Account

Offset Your Tax Bill By Withholding More From Your TSP Account

Most people have filed their federal tax returns by now, and many of them have already spent the money received. While refunds are tremendous and spending them for what a person wants is lovely, it’s the money you end up...
Federal Retirement Planning is not easy to understand.

Thrift Board To Search For New I and F Fund Managers

  The Thrift Board revealed that new managers for its F and I Funds would be chosen. In November 2017, the Board sent out a “Request for Proposals” for a new F Fund manager, and it hopes a decision on...

How TSP Annuities Are Set Up For and Paid Out

The primary federal retirement program provides various ways in which to set up survivor benefits. The Thrift Saving Plan (TSP) offers a plethora of opportunities in setting up the annuity benefit. TSP withdrawals can be made by multiple of ways...

TSP Board to Review Funds

    The Thrift Board revealed that new managers for its F and I Funds would be chosen. In November 2017, the Board sent out a “Request for Proposals” for a new F Fund manager, and it hopes a decision...
investing doesn't have to be hard.

Stock Market Fluctuations Increase as Giants Stumble

Data compiled by Bloomberg reveals that according to the Standard & Poor’s 500 index, there has been a massive drop in stock prices. The US stock markets valuation has experienced a 10% drop in the last couple of days. This...

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