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On February 11, President Trump signed an Executive Order directing federal agencies to implement the Department of Government Efficiency’s workforce optimization initiative. As a result, agency...
A federal judge on Monday extended his injunction preventing the Trump administration from implementing its contentious “deferred resignations” program, just hours before the new deadline for...
The Office of Personnel Management (OPM) has granted federal agencies the authority to offer voluntary early retirement (VERA) alongside the recently announced “deferred resignation” option extended...
Executive Order 13957, known as Schedule F, was introduced in October 2020, with plans for implementation in January 2021. This order aimed to change the classification...
Each year, the IRS adjusts tax brackets to keep up with inflation. For 2025, these adjustments reflect a more moderate inflation rate, resulting in about a...
In Social Security’s 2023 annual report, a forecast emerged indicating that the program’s surplus could be depleted by 2035 if no governmental interventions are implemented. While...
With the passing of a stopgap bill on January 18, 2024, the looming threat of a government shutdown has been temporarily averted, extending federal funding until...
When strategizing your FERS retirement, grasping the implications of the Social Security Maximum Taxable Earnings Cap is paramount, both during your career and post-retirement. A Primer...
In its 2023 annual report, Social Security revealed that without governmental intervention, the program’s surplus will be depleted by 2035. While some interpreted this as Social...
Recent economic forecasts suggest a decline in inflation from 3.2% in 2023 to 2.4% in 2024, according to Forbes.com. While the Federal Reserve is lauded for...
Retirement planning starts long before you’re ready to head off into the sunset and enjoy your golden years. In fact,...
Divorce can shake up your Thrift Savings Plan (TSP), the retirement savings vehicle for federal employees. If you’re splitting up,...
According to 2024 data from the Federal Retirement Thrift Investment Board, the typical 60-year-old federal employee’s Thrift Savings Plan (TSP)...
Voluntary Retirement – Immediate Unreduced Annuity Requirement: Eligible for the retiree annuity supplement if you’re under 62You can carry your...
Federal Employees Retirement System (FERS) employees may be eligible for Discontinued Service Retirement (DSR) under certain circumstances, primarily when they...
If you leave your government job before reaching retirement eligibility, you have two main options regarding your FERS contributions: Refund...
On February 11, President Trump signed an Executive Order directing federal agencies to implement the Department of Government Efficiency’s workforce...
A federal judge on Monday extended his injunction preventing the Trump administration from implementing its contentious “deferred resignations” program, just...
The Office of Personnel Management (OPM) has granted federal agencies the authority to offer voluntary early retirement (VERA) alongside the...
Throughout your federal career, your Thrift Savings Plan (TSP) balance is likely to grow into a significant asset. With its...