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

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

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

Dan’s heated about shutdowns and the impact it could have on Feds. Will the End Shutdowns Act change that? Plus, a look at TSP performance and 2024 HSA Contribution limits. The Fed15 Podcast (Ep. 15): Shutdowns and UFOs Shutdowns make ... Read More

While usually underway in September, the upcoming CFC will start on October 1st. CFC charitable organizations will be able to solicit federal employees for donations starting next month. Eligible charities can be found on the CFC Giving mobile app and ... Read More

Back in July, the IRS announced that the HSA contribution limit for feds will increase to $4150 for self-only plans and $8300 for others. As a recap, a health savings account (HSA) is for those who are enrolled in a ... Read More

Understanding the Difference Between a Contingent Beneficiary and a Successor Beneficiary   Federal employees are advised to name beneficiaries for their retirement accounts including their Thrift Savings Plan (TSP), and any qualified retirement plan accounts such as 401(k) plans that ... Read More

Understanding the Roth IRA Five-Year Rules and Their Application to the Roth TSP- Part II This is the second of two FEDZONE columns discussing the Roth IRA five-year rules and their applications to the Roth TSP. The first column discussed ... Read More

Understanding the Roth IRA Five-Year Rules and Their Application to the Roth TSP- Part I A Roth IRA offers the promise of tax-free distributions and no required minimum distributions (RMDs). In order to realize this promise, the Roth IRA must ... Read More

Ten Misunderstandings/Myths Concerning Social Security Retirement Benefits Most federal employees are eligible for Social Security retirements benefits. As such, Social Security retirement benefits are a key component of an employee’s future retirement income stream. Unfortunately, there remain some misunderstandings and ... Read More