Tag: Coronavirus

Not Yet: Senators Say Federal Employees Shouldn’t Return to Work in Their Offices

By on July 9, 2020 in Current Events with 0 Comments
Not Yet: Senators Say Federal Employees Shouldn’t Return to Work in Their Offices

Four Senators said that OMB and OPM are putting federal employees in jeopardy by asking them to return to work in their offices now.

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The Worst Way to Save $80,000

By on July 9, 2020 in Retirement with 0 Comments
The Worst Way to Save $80,000

Is “market timing” with your TSP a good strategy? Even if you have occasional success, the author points out that there are still big downsides.

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Will Your Pay Be Affected When You Return to Work?

By on July 8, 2020 in Human Resources with 0 Comments
Will Your Pay Be Affected When You Return to Work?

Will new safety measures when returning to work at the office impact your paycheck or time at work?

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Senate Bill Proposes Postal Service Bailout

By on July 7, 2020 in Agency News with 0 Comments
Senate Bill Proposes Postal Service Bailout

Legislation introduced in the Senate would provide an emergency bailout for the Postal Service, but it’s not without strings.

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Federal Employees Have a Limited Window to Make Mid-Year Changes to FSAFEDS Elections

By on July 1, 2020 in Pay & Benefits with 0 Comments
Federal Employees Have a Limited Window to Make Mid-Year Changes to FSAFEDS Elections

Federal employees have a 60-day window to make mid-year changes to their elections under the FSAFEDS program.

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Which TSP Fund Up 8.65% in 12 Months?

By on July 1, 2020 in Pay & Benefits with 0 Comments
Which TSP Fund Up 8.65% in 12 Months?

How did the TSP funds perform in June? The best performing fund in the last year may surprise you.

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Should We Tap Into Our TSP to Pay Off Debt Using the Special Coronavirus Distribution Rules?

on June 30, 2020 in Pay & Benefits with 0 Comments

A federal employee asks, "...provided I qualify to make the COVID-related withdrawal, would it be foolish to withdraw $40,000 from my Thrift Savings Plan (not as a loan but as a withdrawal) and spread the income tax out over three years to be debt free (aside from my house and student loans)?"

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Bills Would Require Publishing Agency Reopening Plans, Reimbursing Dependent Care Costs

By on June 26, 2020 in Human Resources with 0 Comments
Bills Would Require Publishing Agency Reopening Plans, Reimbursing Dependent Care Costs

Recently introduced legislation would require federal agencies to publish their reopening plans online to facilitate the safety of their employees.

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GAO Suggests Safe Practices for Returning Federal Employees to Offices

By on June 25, 2020 in Human Resources with 0 Comments
GAO Suggests Safe Practices for Returning Federal Employees to Offices

GAO has listed considerations it said agencies need to take to safely bring federal employees back to work in an office environment.

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Federal Government Sent Nearly $1.4 Billion in Coronavirus Stimulus Payments to Dead People

on June 25, 2020 in Current Events with 0 Comments

A GAO report found that the federal government sent roughly $1.4 billion in stimulus payments to dead people in its response to the coronavirus.

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