Most federal retirees don’t receive their full pension on day one. OPM pays an interim amount while it processes your claim. Here is how that payment is calculated, when it starts, how long it lasts, and how to prepare financially. When you retire from federal...
For tax year 2026, new rules require certain high-earning federal employees to make their Thrift Savings Plan (TSP) catch-up contributions into a Roth account. What Federal Employees Need to Know about Mandatory Roth TSP Contributions Under the SECURE 2.0 Act, certain...
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...
