We get a lot of questions from Feds about how to manage their Thrift Savings Plan (TSP). That makes sense, as a well-funded TSP can be instrumental in ensuring financial stability during retirement. But to really enjoy long-term financial stability, you’ll need ... Read More

For most federal retirees, retirement is a time of change. One of those changes is a change in residence. Some federal retirees prefer to live in one location during the winter and another location during the summer. The term “snowbirding” ... Read More

If you’re a federal government employee nearing your retirement transition, knowing where your post-job pension will come from is a good idea. You could be enrolled in the Federal Employees Retirement System (FERS) or the Civil Service Retirement System (CSRS). ... Read More

It’s not unusual for federal retirees to eagerly await news regarding the annual cost-of-living adjustment (COLA). After all, this increase provides retirees with a measure of financial protection against the eroding effects of inflation on their fixed incomes.  But, as most retirees ... Read More

The IRS penalty for missing a required minimum distribution for many years was 50 percent of the amount that should have been withdrawn from a traditional IRA or a qualified retirement plan but was not. The IRS penalty, known as ... Read More

The discussion surrounding remote work for federal employees is intensifying, with new legislative initiatives seeking to redefine its place within federal agencies. As telework becomes a focal point of policy discussions, many Feds are concerned about the impact of remote ... Read More

We speak with thousands of Feds each year during our complimentary Serving Those Who Serve webinars about the various retirement options available to federal employees.  We’ve found that two of the most important – and often misunderstood – options are deferred and ... Read More

When a Medicare Part B beneficiary dies, his or her estate or surviving family members may be entitled to a refund or monthly Medicare Part B premiums previously paid. This column explains what the estate or surviving family members need ... Read More

As a full-time federal government employee, you’re entitled to a retirement pension if you meet age and “years-of-career” criteria. However, if you’re considering reducing your full-time workload to part-time, it’s essential to understand that this move will impact your pension ... Read More

Completing the initial probationary period is a key milestone for Feds. This final assessment allows agencies to ensure new hires have the necessary skills, abilities, and knowledge to succeed in the position and are a good fit for the job ... Read More