Retirement
Federal Retirees: Don’t Get Bitten by the Estimated Tax Penalty
New retirees are prone to getting caught by the estimated tax penalty, or ETP. Here are some tips on how federal retirees can avoid getting hit with extra…
Retirement
Stay informed with the latest federal employee retirement news, including updates on FERS and CSRS, retirement eligibility rules, OPM retirement processing, and TSP performance as it relates to long‑term retirement planning. This category covers annual COLA updates, TSP news, survivor benefits, military service credit, retirement application guidance, and major OPM policy changes or federal legislation that could affect federal retirement benefits. Find clear, timely information to help current and former federal employees navigate retirement planning, benefit calculations, and post‑retirement considerations.
Human Resources
OPM Will No Longer Accept Corrections on Certain Retirement Forms
The Office of Personnel Management has announced that certain benefits election forms with hand made corrections will no longer be accepted.
Pay & Benefits
2017 Medicare Part B Premiums Announced
The Centers for Medicare & Medicaid Services (CMS) have announced the premiums for Medicare for 2017.
Retirement
Required Minimum Distributions and Your TSP
The Thrift Savings Plan requires that participants who are 70.5 or older take required minimum distributions each year. Here is how this works.
Retirement
OPM’s Retirement Backlog Jumps 10% in October
The backlog of retirement applications at OPM bottomed out in June but has been on an upward trend since that time. October saw the sharpest increase since the…
Retirement
Elections and the Stock Market: All TSP Stock Funds Down in October
Does the stock market predict the results of a presidential election? The TSP stock funds were down in October.
Retirement
TSP Annual Contribution Limit Unchanged for 2017
The Internal Revenue Service has announced that the annual contribution limit for the Thrift Savings Plan will remain at $18,000 per year.
Retirement
IG: Customer Service Problems Plague OPM’s Retirement Services
A recent report from OPM's Office of Inspector General found a series of customer service related problems plaguing the agency's Retirement Services division.
Retirement
5 Financial Pillars for Young Federal Employees to Build Upon
The earlier you start saving for retirement, the better off you will be financially when you finally get there. Here are some tips for younger federal employees to…
Retirement
Schumer Urges One Time ‘Emergency’ Payment to Social Security Recipients to Offset Low COLA
Senator Charles Schumer (D-NY) has announced an initiative to offset the low COLA that was recently announced for the coming year.