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Since its introduction in 2012, the Roth TSP has provided federal employees with an additional avenue for retirement savings. Let’s delve into the pros and cons...
Upon reaching the age of 65, federal employees become eligible for Medicare Parts A and B. While Medicare Part A (covering inpatient hospital care) is generally...
It may come as a surprise that, before 2009, Federal Employees Retirement System (FERS) employees forfeited their unused sick leave at the end of each year....
The decision to retire abroad is increasingly popular among Americans, driven by factors such as lower housing costs and affordable healthcare options, as revealed by the...
As you embark on the journey of taking distributions from your Thrift Savings Plan (TSP) in retirement, a comprehensive understanding of your options is vital for...
The intricacies of the Thrift Savings Plan (TSP) may catch you off guard when you separate from service, as it can take up to 30 days...
Securing a cash reserve in a readily accessible account is a crucial step in safeguarding your financial well-being during retirement. Relying on your Thrift Savings Plan...
As we step into 2024, it’s time to set forth resolutions aimed at crafting a robust financial plan for retirement. Resolution #1: Fine-Tune Your Retirement Budget...
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...