Trying Again to Reform the WEP
Legislation has been reintroduced to reform the Windfall Elimination Provision (WEP).
C, S and I Funds Drive TSP Performance Over 12 Months and 2023 YTD
After disappointing 2022 returns, federal employees are now enjoying strong TSP performance in 2023 and over the past 12 months. Here are the biggest winners.
All Successful Retirement Plans Have These
If you ensure that your retirement plan has these attributes, it is more likely to be a success.
Supreme Court Hands Religious Freedom Win to Postal Worker Who Refused to Work on Sunday
The Supreme Court ruled unanimously for a postal worker in Pennsylvania in an important religious liberty dispute over how far employers should go to accommodate faith-based requests in the workplace.
Bills Would Ban ESG “Investing Scheme” in TSP
Two new bills would ban the TSP from offering federal employees the option to invest in ESG funds.
OPM Proposes Expanding Locality Pay Areas to 32,900 More Federal Employees
OPM has issued a proposed rule to add about 33,000 federal employees into locality pay areas or creating new areas.
Bills in House and Senate Would Block BlackRock From Voting Rights on TSP Securities
Bills would prohibit BlackRock and other qualified professional asset managers from exercising voting rights of TSP securities.
TSP Review: Record-Breaking Volume With New Website Features
While the full fall-out of the problematic TSP website launch has not yet come to fruition, the June 2023 TSP meeting highlighted positive developments.
Federal Employees: Don’t Lose Annual Leave in 2023!
There is an extra pay period in 2023 which means federal employees should pay close attention to their “use or lose” annual leave.
IRS Agent Used “Alias”, “Deception” to Target Ohio Taxpayer
A Congressman is investigating an alleged incident in which an IRS agent used a fake name to enter an Ohio taxpayer’s home and threaten her with taxes not owed.
