The 3.2% Cost-of-Living Adjustment (COLA) will apply to CSRS and Social Security. FERS annuitants will see a 2.2% adjustment. A little higher than the 3.0% predicted at the end of August, the Social Security Administration recently announced next year’s COLA ... Read More

Recent board meeting indicates possible changes on the horizon for the Thrift Savings Plan’s (TSP) least popular withdrawal option. In a recent FRTIB (Federal Retirement Thrift Investment Board) meeting, the Director of the Office of Participant Experience expressed interest in ... Read More

Learn why the Roth TSP can be a great choice for younger feds. Traditional qualified retirement plans (including the traditional Thrift Savings Plan or TSP) were built and established in the 1980s on a simple idea. An employee sets aside ... Read More

STWS Advisor Jennifer Meyer explores how HSAs can help you save smarter for retirement Jennifer Meyer, CFP®, ChFEBC℠, AIF® We are often asked “what else can I be doing to prepare for my retirement?” While maximizing retirement (TSP) savings and ... Read More

News wrap-up from around the federal landscape: NASA is going to test storing data on the lunar surface, marijuana bill is approved by House committee, and $28,000 stolen from Army vet. With the government shutdown “can” proverbially “kicked” down the ... Read More

Thrift Savings Plan Monthly Update for September 2023, by Jennifer Meyer, CFP®, ChFEBC℠, AIF® Jennifer Meyer, CFP© September continued the slide in stock market returns which began in August. For the second consecutive month, all three stock funds were in ... Read More

Shutdown averted until next month, along with the ‘pay cliff’ threatening federal firefighters. Plus, learn why the IRS almost had to furlough 60,000 workers that were thought to be ‘excepted service.’ To the surprise of many, in the final hours ... Read More

TSP – should you stay or go? Dan has reviewed 7 reasons why you should stay, now he goes over why you should go. The Fed15 Podcast (Ep. 16): Long Term TSP Choices Did you know the TSP expense ratios ... Read More

For Most Employees and Retirees Enrolled in the Federal Long Term Care Insurance Program, it is Decision Time In December 2022, the Federal Long Term Care Insurance Program (FLTCIP) announced that starting December 19, 2022 and through December 19, 2024, ... Read More

Roth IRAs and Roth TSP accounts are different types of retirement savings vehicles with different rules you need to know about. UPCOMING TSP WEBINAR FedLife Podcast (ep. 104): 5-Year Rules for Roth Accounts Want to make tax-free, penalty-free withdrawals from ... Read More