Since news of the deferred resignation program first emerged, many federal employees have wondered if negative changes could also be coming to the Thrift Savings Plan and how they could be impacted. In this article, we will examine the advantages and disadvantages of...
What could change with the TSP under this administration? The President of the United States can influence changes to the Thrift Savings Plan (TSP) indirectly through legislative action or by signing bills passed by Congress. However, direct authority to make changes...
Are you prepared to go months in retirement without full pay? Processing your annuity cannot begin until after your date of separation from your agency for retirement. Your agency will complete your retirement package and submit it to the payroll office, then issue...
1. Cost Increases Dramatically Over Time One of the most significant drawbacks of FEGLI is the escalating cost. As you age, premiums increase steeply, making the program much more expensive. For many federal employees, this cost spike can strain retirement budgets....
If you meet the retirement or separation from service requirements and have maintained your FEHB for five years, you will be eligible to maintain FEHB coverage into retirement. This is a valuable part of your retirement package, as it provides the same coverage you’re...
