We review the significant differences between a Health Savings Account (HSA) and a Healthcare Flexible Spending Account (HCFSA). For Federal Employees who are enrolled in FEHB, it is important to know that you can’t have both an HSA and a ... Read More
4 More Mistakes that Could Derail Your Federal Retirement
TSP Mutual Fund Window: What It Means for Federal Investors
06/03/2022
Understanding the TSP Mutual Fund Window Have Questions? Sign Up for Our No-Obligation TSP Webinar, Hosted by Ed Zurndorfer: Click Here to Register In 2009, a law was passed that gave the Federal Retirement Thrift Investment Board (FTRIB) a pathway ... Read More
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
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
Proposed Legislation Would Change Fiduciary Duty for FRTIB Board Members
08/02/2021
Senator Rubio continues to resist Chinese investments in TSP, introduces bill in the Senate in attempt to alter FRTIB fiduciary duties The Republican Senator from Florida, Marco Rubio, has taken a prominent stand against a proposed change to the TSP’s ... Read More
New “Mutual Fund Window” in TSP to Arrive in 2022
07/22/2021
In summer 2022, the TSP will add a “mutual fund window” option with 5000+ investment choices, including ESG funds. The Thrift Savings Plan (TSP) is different from many other defined-contribution plans for several reasons, one of which is the small ... Read More
Within Grade Increases: How They Work and How to Appeal a Denial
07/19/2021
For Feds, a within-grade increase (WIGI) boosts their income, but what can be done if a WIGI is denied? Federal Retirement Webinars The Federal Government pays its permanent employees according to the General Scale (GS), which is comprised of 15 ... Read More
2022 Federal Pay Raise Update: 2.7% Remains Best Bet
07/15/2021
A bill drafted in the House of Representatives reflects support for Biden Administration’s proposed figure of 2.7% FERS Webinar At the end of June, a draft of a bill was approved by the Financial Services and General Government (FSGG) Subcommittee ... Read More