Proposed Amendment Would Eliminate Current TSP Catch Up Contributions
A proposed amendment to the Senate’s tax reform bill would eliminate current retirement savings catch-up contributions.
Pay & Benefits
Get the latest federal employee pay news, including updates on federal pay raises, GS pay scale changes, locality pay, and federal compensation policy. Stay informed on TSP news, TSP fund performance, contribution limits, and investment updates. This category also covers FEHB premiums, FEGLI rates, FEDVIP dental and vision benefits, and major OPM policy changes, federal workforce legislation, and other developments that impact federal employee pay, benefits, and take‑home compensation.
Open Season Changes and the Five Year Rule
If you plan to carry your FEHB into retirement, be careful not to get tripped up by the five year rule.
Bill Would Allow Veterans to Contribute Disability Compensation to the TSP
Recently introduced legislation would give disabled veterans a new option for saving for retirement utilizing the TSP.
Veterans are Getting a COLA for Veterans Day
A bill recently signed into law provides a cost of living adjustment to veterans for some of their benefits.
Senate Unveils Tax Proposal; House Tax Bill Advances
Senate Republicans unveiled their version of a tax reform bill as the House advanced its tax reform plan.
TSP Relaxes Hardship Withdrawal Rules to Aid California Wildfire Victims
The TSP is temporarily relaxing its hardship withdrawal rules to help federal employees impacted by the wildfires in California.
TSP Modernization Act Passes Congress; Heads to Trump’s Desk
Congress has passed the TSP Modernization Act and it is now on its way to the White House.
Is the FEHB System Killing Competition?
A new GAO report shows that despite increases in available FEHB plans, enrollment is growing increasingly concentrated among the largest insurance carriers.
OPM Issues Guidance on Multiple Emergency Leave Transfer Programs
OPM recently established four emergency leave transfer programs. This can be confusing for employees and agencies, so OPM has also issued administrative guidance.
No Changes to 401(k) Contributions in Republican Tax Plan
Republicans have unveiled their tax cut proposal, one which consolidates individual income tax brackets and leaves retirement plan contribution limits untouched.
