Federal News

In mid-January, the TSP will mail IRS Form 1099-R to participants who received a withdrawal and/or a taxed or foreclosed loan between January 1 and December 31, 2025

The U.S. Office of Personnel Management has extended the Combined Federal Campaign’s solicitation period until Saturday, Jan. 31, 2026.

The Office of Personnel Management is addressing what have become growing concerns in Congress over the significant delays in federal retirement processing this year.

The standard investment maximum investment limit for TSP investors is rising for 2026 from $23,500 to $24,500; that is the “elective deferral limit” applying in the TSP

House Democrats are pressing the Office of Personnel Management for answers on how the agency is addressing abnormally high volumes of federal retirement applications that are inundating the government’s processing systems.

The inventory of retirement applications pending at OPM grew in November to about 49,400 from the 34,600 in October, although the average processing time there decreased from 79 to 73 days, as use of the online portal OPM launched in the summer is starting to show some impact.

New retirees awaiting full benefits may face holiday heartache as the backlog swelled to nearly 50,000 by the end of November.

Today, U.S. Senators Susan Collins and Richard Blumenthal (D-CT) introduced the bipartisan Improving Access to Workers’ Compensation for Injured Federal Workers Act.

Starting in late January 2026, TSP participants and spousal beneficiaries will be able to convert money from a traditional balance to Roth within their TSP account.

For months, the I-Team has been tracking concerns with processing retirement benefits for thousands of federal workers who left the federal government this year

The federal government’s backlog of pending retirement claims hit the highest level since the COVID-19 pandemic last month, as tens of thousands of federal workers who accepted the Trump administration’s so-called deferred resignation program.

Despite the government’s historic shutdown, the new director’s blog posts do not address how recent retirees will be impacted by delays in retirement processing or with directions on how they should participate in the health benefits open season that will begin on Monday.