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...
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...
Throughout your federal career, your Thrift Savings Plan (TSP) balance is likely to grow into a significant asset. With its low administrative fees and a range...