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Federal employees enjoy access to a range of insurance benefits. Many of these benefits can continue into retirement if specific conditions are met. Below is an...
Managing your Thrift Savings Plan (TSP) allocations during a volatile market requires balancing opportunity and risk. Two primary strategies emerge: buying when the market is down...
Severance pay can provide a critical financial cushion for qualified federal employees facing involuntary separation from their jobs. How Severance Pay is Calculated Severance pay consists...
With the continued downsizing of the federal workforce, here’s a rundown of how VSIP, VERA, and RIFs function within federal agencies. Voluntary Separation Incentive Payment (VSIP)...
Retirement planning starts long before you’re ready to head off into the sunset and enjoy your golden years. In fact, as a federal employee, retirement planning...
Divorce can shake up your Thrift Savings Plan (TSP), the retirement savings vehicle for federal employees. If you’re splitting up, your TSP account might be divided...
According to 2024 data from the Federal Retirement Thrift Investment Board, the typical 60-year-old federal employee’s Thrift Savings Plan (TSP) balance sits at roughly $200,000. Enough...
Voluntary Retirement – Immediate Unreduced Annuity Requirement: Eligible for the retiree annuity supplement if you’re under 62You can carry your insurance coverage into retirement if you...
Federal Employees Retirement System (FERS) employees may be eligible for Discontinued Service Retirement (DSR) under certain circumstances, primarily when they experience an involuntary separation from federal...
If you leave your government job before reaching retirement eligibility, you have two main options regarding your FERS contributions: Refund of Contributions: You can request a...
