FEDERAL
In-Plan Roth Conversions Coming to TSP
Beginning in January, TSP participants will be able to do in-plan conversions, moving traditional TSP monies into the Roth TSP ...
New rule would change the reamortized debt formula for Thrift Savings Plan loans
The board proposed a combination of accrued interest with the outstanding principal when reamortizing a loan made out of the TSP. ...
Easter Monday could soon become federal holiday under new GOP proposal
Sen. Eric Schmitt, R-Mo., and Rep. Riley Moore, R-W. Va., are leading the way on legislation to make the day ...
Congress, DOGE turned the Social Security Fairness Act from a win to a loss
This year’s Social Security Fairness Act represents the largest change to Social Security in decades, increasing benefits for 3 million ...
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 ...
SECURE Act 2.0, Section 603: Impacts to Thrift Savings Plan (TSP) Catch-Up Contributions
Impacts to Thrift Savings Plan (TSP) Catch-Up Contributions ...
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 ...
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 ...
Retroactive benefits from the windfall elimination repeal to begin
Starting the week of Feb. 24, 2025, SSA is beginning to pay retroactive benefits and will increase monthly benefit payments to people ...
Federal Retirement Fairness Act news and updates
This bipartisan bill would allow certain federal employees, including letter carriers, to make catch-up retirement contributions for time spent as ...