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Monthly Archives: August 2021

Blog Imgs 5 Opm Audit

OPM Conducts Agency Audit for Retirement Package Errors

08/16/2021
Report from OPM highlights common errors on retirement claim packages for both FERS and CSRS from October 2018 to July 2021 FERS Retirement Webinar OPM’s Retirement Services releases a monthly publication regarding common errors that are encountered on retirement package ... Read More
Withdraw from Your TSP

FEDLIFE PODCAST: Properly Withdraw from Your TSP & Still Save Money, prt. 1

08/13/2021
Dan Sipe talks with Ed Zurndorfer about his recent article in the Fed Zone about your TSP savings account. Episode 54: How to Properly Withdraw from Your Thrift Savings Plan and Still Save Money, Part One with Ed Zurndorfer Understanding ... Read More

Vulnerability Disclosure Programs and GSA Set to Transition from DUNS

08/12/2021
Cybersecurity News Update: How VDPs are helping to protect agency websites, plus the GSA is phasing out a 50-year-old ID system New Policy Can Protect Government Websites In September of last year, a new cybersecurity policy was put in place ... Read More

GAO Finds No Issues with SpaceX and NASA’s Contract to Land on Moon

08/11/2021
Despite protests from Blue Origin and Dynetics, GAO confirmed that NASA and SpaceX can begin work on the next Moon landing. On July 30th, the Government Accountability Office (GAO) denied protests from both Jeff Bezos’ company Blue Origin and the ... Read More
Fedzone Images Fers Part Time Service

Part-Time Service and FERS Retirement

08/10/2021
Learn about retirement eligibility and computation when it comes to Part-Time Service Ed Zurndorfer- There are employees covered by the Federal Employees Retirement System (FERS) who at some point during their federal service may have worked less than full-time. In ... Read More
Blog Imgs 5 Price Act

Senate Passes Bill, Gives Small Businesses Better Shot at Federal Contracts

08/09/2021
The PRICE Act, if passed, would boost small businesses’ chances for federal contracts. The “Promoting Rigorous and Innovative Cost Efficiencies for Federal Procurement and Acquisitions” (PRICE) Act is a bipartisan piece of legislation that was introduced by Senators Gary Peters, ... Read More
Fedzone Images Kid Tax Credit

What Employees Need to Know About the 2021 Child Tax Credit

08/06/2021
Read what every fed (with kids or dependents) needs to know about the 2021 Child Tax Credit Ed Zurndorfer- The American Rescue Plan Act (ARPA) included changes to the existing child tax credit. The changes were made in order to ... Read More
Blog Img 6 Tsp Recap 7 21

Thrift Saving Plan Monthly Recap: July 2021

08/05/2021
STWS Advisor Jennifer Meyer wraps up July when it comes to TSP news. Jennifer Meyer, CFP© TSP Webinar Federal employees continued to enjoy positive performance for the 12-month period ending July 31, 2021, in all but one of the 5 ... Read More
Blog Img 6 Temp Service

New Law Would Change Temporary and Seasonal Service

08/04/2021
Feds with temporary and seasonal service hours could become eligible for retirement sooner if proposed bill becomes law. bill, sponsored by three Republicans and one Democrat, would bolster retirement for federal workers with temporary and seasonal service. First introduced in ... Read More

Roth TSP part II: Converting a Traditional IRA or TSP Account to a Roth IRA

08/03/2021
Important considerations when converting a Traditional IRA or TSP Account into a Roth IRA < PART I Ed Zurndorfer- With less than six months remaining in the year, federal employees and annuitants still have time to save on federal and ... Read More