You can contribute more to the TSP
Postal Service employees can contribute as much as $23,500 to the Thrift Savings Plan in 2025, up from $23,000 in 2024.
Statements and reaction to the passage of the Social Security Fairness Act
President Joe Biden signed the Social Security Fairness Act into law Sunday afternoon, the final step needed for nearly 3 million public sector employees, retirees, spouses and surviving spouses to…
TSP January processing schedule
In mid-January, the TSP will mail IRS Form 1099-R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., to participants who received a withdrawal and/or a taxed…
President Biden is scheduled to sign H.R. 82 into law on Monday, January 6, 2025
This landmark legislation represents a significant victory for public safety officers and government employees, as it repeals the unfair Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) in the…
Senate passes Social Security Fairness Act
Senate passage came after the House overwhelmingly passed the bill on Nov. 12. The bill will now be sent to President Biden’s desk, where it awaits his signature to become…
TSP will continue its normal daily operations in the event of a lapse in appropriations (government shutdown)
TSP will continue its normal daily operations in the event of a lapse in appropriations.
Bill to repeal windfall elimination provision clears a key Senate hurdle
The Senate voted 73-27 to invoke cloture on the Social Security Fairness Act, clearing the way for a final vote to pass the bill later this week.
Fed employee advocate Connolly to lead Democrats on House Oversight Committee
Rep. Gerry Connolly, D-Va., an advocate for improving federal employee pay and benefits, will lead Democrats on the House Oversight and Accountability Committee as ranking member when the new Congress…
Republican Suggests Pushing Back Retirement Age in US
Republican Congressman Mark Alford has touted raising the retirement age to help cut federal government costs.
Higgins Continues to Urge Senate to Pass the Social Security Fairness Act
WASHINGTON, D.C. – Congressman Clay Higgins (R-LA) delivered an open letter this week urging advocates to help push H.R. 82, the Social Security Fairness Act, through the U.S. Senate.