The Federal Reserve has released a new study gauging Americans’ overall financial health. The results show that while Americans have become more optimistic about their financial situations, many remain unprepared for retirement or an emergency situation.
Changing your TSP contribution election to add the Roth option can be a little tricky. If done wrong, this could cause a FERS participant to lose out on thousands of dollars. The author explains by way of a real life example how this can happen and how to avoid making the mistake yourself.
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.
Reports of racial tensions seem to be on the rise in America today. We asked our users if they see racial biases inside of the agencies where they work, and the majority of the responses we got say that racism is a problem and that EEO offices are not helping to eliminate it.
Congressman Don Beyer (D-VA) has introduced legislation that would give federal employees the option to invest through the Thrift Savings Plan in companies that demonstrate a strong commitment to gender diversity and women’s economic empowerment. Is this a good idea?