Learn about the three main income sources for federal retirees and how to properly manage them: the FERS pension, TSP and other retirement savings, and Social Security benefits. Retirement for federal employees is built on a foundation that is both structured and...
How Federal Employees Can Stay on the Right Path to a Successful Retirement Milestones, estimates, and strategy – how federal employees can check if they’re staying on top of their retirement goals. April is Financial Literacy Month, which makes it an...
In the Federal Government, layoffs are called reduction in force (RIF) actions. When an agency must abolish positions, the RIF regulations determine whether an employee keeps their present position or whether the employee has a right to a different position. Being...
What is VERA? VERA, often called an “early out,” stands for Voluntary Early Retirement Authority and allows eligible FERS employees to retire earlier than they normally could under standard retirement rules. It’s a tool agencies use during...
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...