The author discusses a situation in which one retired federal employee was suddenly notified by OPM that he owed the agency over $28,000.
A TSP participant can designate anyone as a beneficiary to a TSP account, however, only a spousal beneficiary can choose to leave the funds in TSP. The author says it’s important to understand all implications of a spousal beneficiary deciding to keep funds inside of the TSP.
How can you avoid violating the Hatch Act while you are on the clock? The authors spell out what new guidance from the Office of Special Counsel says about proper use of social media for federal employees while they are at work.
Congress recently introduced a new type of account for young, disabled individuals; the Achieving a Better Life Experience account, or ABLE account for short. The author describes how these accounts work for saving money for an individual with special needs.