News

Two Years Does Not Mean Three-and-a-Half Years

Filed in Headlines, News by on May 28, 2015 Comments

In yet another situation where a retired federal employee missed the deadline for electing a survivor annuity for his new wife, she ends up with nothing.

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Fed Survey Shows Americans Are Optimistic About Their Finances Despite Generally Lacking Savings

Filed in Headlines, News by on May 27, 2015 Comments

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.

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Avoid Mistakes When Changing Your TSP Election

Filed in Headlines, News by on May 27, 2015 Comments

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.

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The Media’s Role In Social Security’s Collapse

Filed in Headlines, News by on May 26, 2015 Comments

The author claims that the media is the most destructive force in Social Security today. He asks how we can expect to have an informed debate about Social Security when the media is putting headlines over content and cites a recent study as one example of the media’s flawed coverage of the debate.

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Strategies for Avoiding the TSP’s Early Withdrawal Penalty

Filed in Headlines, News by on May 25, 2015 Comments

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.

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New Stamp a Recipe for Love

Filed in News by on May 22, 2015 Comments

The Sacramento Post Office recently cooked up a feast with the dedication of the 2015 Forever Hearts stamps at a food tasting event in partnership with Le Cordon Bleu School of Culinary Arts.

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FedSmith.com Users Think Racism is a Problem in the Federal Workplace

Filed in News by on May 20, 2015 Comments

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.

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Congressman Wants ‘Gender Diversity’ Option for the TSP

Filed in News by on May 20, 2015 Comments

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?

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