John Grobe is President of Federal Career Experts, a consulting firm that specializes in federal retirement and career transition issues. He is also affiliated with TSP Safety Net. John retired from federal service after 25 years of progressively more responsible human resources positions. He is the author of Understanding the Federal Retirement Systems and Career Transition: A Guide for Federal Employees, both published by the Federal Management Institute. Federal Career Experts provides pre-retirement seminars for a wide variety of federal agencies.
John Grobe's Latest Posts
The author addresses some common misconceptions that federal employees have when it comes to investing in the Thrift Savings Plan and penalties they might incur for early withdrawals from their accounts. He provides details on some different strategies federal workers can use to avoid these extra taxes.
Re-deposit service refers to service where you withdrew your contributions when you left federal service and did not re-deposit them when you later returned. The author describes how this works and provides examples to help you decide whether or not to re-deposit money.
CSRS Employees: Should You Deposit Money to Cover Temporary Federal Employment Early In Your Career?
CSRS employees often ask, “Should I deposit money to cover temporary time early in my career?” The author provides some considerations to help answer this question.
Legislation was recently introduced that would make federal Correctional Officers exempt from the 10% early withdrawal penalty that applies when a federal law enforcement officer retires before the age of 55 and withdraws money from their Thrift Savings Plan (TSP) account.