The backlog of retirement claims sitting in OPM’s inventory is at levels not seen in over 8 years. Claiming retirement benefits after years of federal service requires a federal worker to submit a paper packet that is ultimately mailed to ... Read More

Understanding the savings and benefits that you are entitled to receive can be overwhelming and confusing—sometimes it seems like finding the information you need is next to impossible. FEDLIFE Podcast, episode 57. Changes to the 2021 Child Tax Credit & ... Read More

Option B coverage in the Federal Group Life Insurance Plan can be fully kept after retiring from government service, but it gets costly as you get older. Once employed by the federal government in a position that is eligible for ... Read More

The basics about matching, withdrawals, and taxation when it comes to the two types of accounts the Thrift Savings Plan offer Complimentary Webinars: Register Here Established almost 10 years ago, the Roth TSP is an option that, for certain Federal ... Read More

While the White House already recommended a 2.7% Federal Raise in its 2022 budget suggestions, the formal announcement supports the likelihood of a 2.2% across-the-board raise with a .5% locality pay increase. At the end of August, the Biden Administration ... Read More

FY 2022 begins in October – and so new Federal Employee Group Life Insurance premiums go into effect Edward A. Zurndorfer In Benefits Administration Letter (BAL) Number 21-204 dated September 9, 2021, the Office of Personnel Management announced new Federal ... Read More

IRS Announces Tax Relief for Victims of California Wildfires and Hurricane Ida and Urges Individuals to Prepare for Natural Disasters Edward A. Zurndorfer- September has been designated as National Preparedness Month. With the height of hurricane season currently upon us ... Read More

For federal employees, there are many aspects of financially preparing for retirement, and when you have worked part-time, it can become much more complicated. Episode 56: The Effects of Part-Time Employment on Your Retirement In this episode, Dan Sipe and ... Read More

The High-3 salary for FERS and CSRS is one of the variables used in the retirement calculation when claiming retirement benefits. Along with what age you retire and years of service you’ve accumulated, the high-3 average salary is a component ... Read More

The C-Fund is one of three stock funds in the Thrift Savings Plan (TSP). Read how it works to boost your retirement savings. The C-Fund was one of the original 3 TSP funds that began in the late ’80s. Officially, ... Read More