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Monthly Archives: August 2022

FEDLIFE Podcast: Keeping FEHB in Retirement – Part II

08/17/2022
In this episode, Dan Sipe is joined by Ed Zurndorfer to unpack the costs associated with having health insurance benefits post-retirement while explaining the changes you can make to your plan if needed. FEDLIFE Podcast ep. 78: Federal Employee Health Insurance ... Read More

Surviving Spouse’s Option with Respect to a TSP Beneficiary Account

08/17/2022
Understanding a Surviving Spouse’s Option with Respect to a TSP Beneficiary Account – If there is no TSP beneficiary form on file for a TSP account, then the distribution of the TSP participant’s account follows the statutory order of precedence. ... Read More

TSP Investments in Chinese Companies – Worth the Trouble?

08/16/2022
The new mutual fund window is available in the TSP and some of the investment choices invest in Chinese securities – should the FRTIB cave to political pressure and remove those funds? Don’t Miss Our Latest TSP Webinar, hosted by ... Read More

New Locality Recommendations: 16,000 Feds Could See Pay Boost

08/15/2022
Advisory council suggests adding new localities, adjusting some existing ones to encompass more federal workers, and loosening requirements for locality designation. A council that advises government officials on federal employee compensation has issued formal recommendations that, if implemented, would give ... Read More

Quiz 18 on Federal Employee Retirement Benefits

08/12/2022
The latest quiz on TSP, Disability Retirement, and the Pay Cap– [ays_quiz id=”18″] Federal Employee Retirement Benefits Quiz

2023 Federal Pay Raise Update: Senate’s Silence Supports Likelihood of 4.6%

08/11/2022
Government spending bill doesn’t mention federal pay raise – a strong indication that Congress supports the White House recommendation of 4.6%. Similar to the appropriations bill that the House of Representatives approved of earlier in the summer, the recent government ... Read More

Is the Federal Retirement Tsunami Almost Here?

08/11/2022
Looming since the 1990s, are retiring baby boomers in the Government about to cause the long-predicted retirement tsunami? Experts in public service began predicting a ‘retirement tsunami‘ back in the 1990s, predicting it would crash into the figurative beaches around ... Read More

Why CSRS Offset Annuitants Are Not Subject to the GPO (Pension Offset)

08/10/2022
The Government Pension Offset (GPO) is a Social Security Administration (SSA) law that affects spouses, former spouses, widows or widowers. But not CSRS Annuitants. Edward A. Zurndorfer The Government Pension Offset (GPO) is a Social Security Administration (SSA) law that ... Read More

Social Security Basics: Five Things to Remember

08/09/2022
Social Security benefits are a crucial component to a fed’s retirement under FERS. Here are 5 things to keep in mind about your retirement income. 1. Factors that Affect Your Monthly Benefit Amount The average monthly social security benefit (excluding ... Read More

Recently Passed Laws Help Veterans, VA Workers, and Federal Firefighters

08/08/2022
Legislation brings pay boosts for federal wildland firefighters and VA employees – plus “millions” of veterans now covered by Veterans Administration (VA) healthcare system. An infrastructure bill signed by the Biden Administration in November reformed the federal benefits offered to ... Read More