FEGLI living benefits allow covered individuals take FEGLI money while still alive The benefits can be taken as a lump sum Living benefits cannot be taken from optional coverage A, B, or C Taking living benefits from the Federal Employees ... Read More
2023 FEVS Data: Federal Employee Job Satisfaction is Up
12/18/2023
The raw data from the 2023 FEVS has been released Scores inched up across-the-board in regards to employee satisfaction Overall job satisfaction up 2% to 68% according to government-wide survey Every year, OPM conducts a government-wide survey to gauge job ... Read More
FedLife Podcast: The Math Favors the Roth TSP for Younger Feds
12/15/2023
The traditional TSP versus the Roth TSP – which is better? Learn the differences and why it’s probably a good idea if you’re on the younger side. Check Out Our Webinar on Tax Planning for Federal Employees and Retirees- REGISTER ... Read More
Avoiding Year-End Qualifying Charitable Distribution Mistakes
12/14/2023
Make sure you avoid these errors if you’re thinking about doing a QCD. Traditional IRAs are one of the best assets to donate to a charity. This is because most of a traditional IRA is composed of before-taxed dollars. After ... Read More
OPM Retirement Services: Inspector General Report & Key Issues
12/13/2023
OPM Inspector General Highlights Need for Retirement Services Improvement The paper-based process that OPM has used since the 1970s at Iron Mountain has been criticized since the early 2000s for being dated. But the fact that retiring from the federal ... Read More
Inspector General at OPM says Retirement Services Needs Improvement
12/13/2023
OPM IG released report saying retirement services division still needs to improve Cases with no errors take significant less time to process Backlog of pending retirement packets reaches lowest point since 2017 The paper-based process that OPM has used since ... Read More
The Fed15 Podcast: Understanding TSP Withdrawals
12/12/2023
Katelyn and Dan are getting ready for the holidays A look at how FEHB plans coordinate with other health plans, such as Medicare And watch out for these tax traps with your TSP! The Fed15 Podcast (Ep. 25): Understanding TSP ... Read More
ATC Staffing Shortage at the FAA is Reaching its Breaking Point
12/08/2023
News from around the federal government, including some from the US Postal Service Namandjé Bumpus becomes second in command at the FDA FAA dealing with critical shortage of air traffic controllers (ATCs) In this week’s wrap-up of news highlights from ... Read More
Coach’s Corner: How to Get a Job as a Manager
12/07/2023
Executive and Federal Coach, Bob Oberleitner, explains practices that bolster one’s chances when trying to become a manager. [email protected] Studies have shown the main reason people leave their jobs is because of their manager. This manifests in many ways such ... Read More
FEHB Open Season Decisions (Part 4): Dependent Care Flexible Spending Accounts
12/06/2023
Benefits “Open Season” Means It Is Time for Employees to Enroll or to Re-Enroll in a Dependent Care Flexible Spending Account For some federal employees, particularly those employees who have young children or those employees who have adult tax ... Read More