SECURE Act 2.0, Section 603: Impacts to Thrift Savings Plan (TSP) Catch-Up Contributions
Impacts to Thrift Savings Plan (TSP) Catch-Up Contributions
Federal benefits face possible cuts in House Republicans’ budget resolution
Although the details of House Republicans’ narrowly approved budget framework are still up in the air, some initial proposals show the possibility of changes to federal benefits, mainly in retirement…
OPM digitizes federal retirement booklets as part of longtime modernization effort
The Office of Personnel Management has moved another step closer to its yearslong goal of modernizing the federal retirement process.
How tariffs and inflation may affect your TSP
Though the upheaval of tariff policy has riled the markets, here's what to consider for the potential impacts on the federal government’s 401(k)-style retirement savings program.
GAO – Improper Payments: Information on Agencies’ Fiscal Year 2024 Estimates
For fiscal year 2024, 16 agencies reported a total estimated $162 billion in improper payments across 68 programs.
Retirees impacted by WEP and GPO to receive retroactive payments sooner than expected
Social Security beneficiaries impacted by the Windfall Elimination Provision and the Government Pension Offset may begin receiving their one-time retroactive payments as soon as this week.
Senate Dem reintroduces Equal COLA Act, and more
The Equal COLA Act (S. 624) would stipulate that enrollees in both the Civil Service Retirement System and the Federal Employees Retirement System receive the same cost-of-living increase each year
Senators Want Social Security Fairness Act Implemented ‘Immediately’
The Social Security Fairness Act should be implemented “immediately” according to a Feb. 6 letter from 28 senators to the acting commissioner of the Social Security Administration.
Social Security Fairness Act Benefit Increases Could Take a Year
The Social Security Administration said Friday that under its current budget, it could take more than a year to adjust benefits and pay all retroactive benefits under the Social Security…
Bill Reintroduced to Improve COLAs for FERS Retirees
On January 16, Representative Gerry Connolly, D-VA-11, reintroduced the Equal COLA Act, H.R. 491, to provide Federal Employees Retiree System (FERS) employees full cost-of-living adjustments (COLAs) to their federal annuities.