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Marijuana and Telework Policies for the US Government Workforce

08/09/2023
Bill introduced in Congress looks to change cannabis policies while White House memo signals an upcoming increase of on-site work. Also, man pleads guilty to defrauding the VA.  Here’s roundup of some recent news related to federal government and its ... Read More
OPM Backlog

Senator Writes OPM Regarding Backlog of Retirement Claims

07/25/2023
A recent letter penned by Oklahoman Senator calls OPM backlog “unacceptable” even as pending retirement claims dwindle to the lowest point in over 5 years. Senator Lankford from Oklahoma wrote a letter to OPM director Ahuja earlier this month. In ... Read More

2024 Federal Pay Raise Update: Likelihood of 5.2% Increases

07/24/2023
Recent spending bill indicates 5.2% annual raise for federal employees. Plus other pieces of legislation might give Patrol Officers at the Bureau of Customs and Border Protection a 14% pay bump. News that affects pay for federal workers is stirring in ... Read More

Quiz on Federal Agency News and Employee Benefits

07/07/2023
This week’s quiz is about phased retirement, the TSP mutual fund window, and a recent cyberattack. UPCOMING TSP WEBINAR [ays_quiz id=”64″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do ... Read More

Expanded Roth TSP Catch-Up Contribution Opportunities

07/05/2023
Expanded Roth TSP “Catch-Up” Contribution Opportunities Resulting from SECURE Act 2.0 Passage The Setting Every Community Up for Retirement Enhancement (SECURE) Act 1.0 (passed into law in December 2019 and taking effect January 1, 2020) made some major changes to ... Read More

2024 Federal Pay Raise

06/27/2023
A recent bill to come out of a House subcommittee seems to support Biden’s recommendation of 5.2% for next year’s raise, but also looks to slash telework options and limit TSP choices. Coming out of the Financial Services and General ... Read More

Federal Pay Raise 2024

05/25/2023
The National Federation of Federal Employees (NFFE) voiced support for RAISE Act, urging members to contact congress. Also, pay cuts hit 2/3 of rural letter carriers. The annual raise for federal employees typically gets approved by the President through an ... Read More

Debt Ceiling Worries

05/18/2023
STWS Advisor Jennifer Meyer comments on the looming debt ceiling crisis – is it time to start worrying? Jennifer Meyer, CFP© Every time I turn on the news these days, I hear the dreaded “debt ceiling” is looming and will ... Read More

Proposed Legislation Would Fire Feds for Not Paying Taxes

05/10/2023
A bill reintroduced in the Senate would keep federal employees with unpaid taxes from continuing the work for the federal government. A recent report from the US Treasury unveiled that the IRS devotes little time and effort to holding federal ... Read More

Should FEHB Enrollees Reconsider Medicare Part D?

04/04/2023
New legislation has made Medicare part D enrollment more advantageous for some FEHB (Federal Employee Health Benefits) program participants – are you one of them? Last August, President Biden signed the Inflation Reduction Act into law. Part of the legislation ... Read More