The House-passed version of the defense authorization act does not include the Trump administration’s proposed changes to federal retirement.
The amount of money the White House is proposing to cut from federal workers’ take-home pay and the future inflation protection benefits for retirees closely mirrors the balance of the F, I and S funds in the Thrift Savings Plan as of Dec 31.
In today’s Federal Newscast, bipartisan legislation in the Senate would shorten the deadline for the Defense department to pay defense contractors who work with small businesses.
Tracking the stock market and making long-term decisions based on day-to-day changes is not the way to build a retirement nest egg.
About half of all thrift savings plan account holders move their money to an outside IRA or other investment option when they leave federal service. So who is right, and what is your plan?
Host Bob Leins welcomes Joe Sullender, CFP®, Managing Director/Investments for the Financial Strategies Group of Wells Fargo Advisors to talk about making the most out of meeting with your financial advisor.
The White House management agenda, which would trim take-home pay and eliminate inflation protection for retirees, could help union leaders recruit from workforce that has shifted.
Big changes are coming to the Thrift Saving Plan. Kim Weaver, director of External Affairs for the TSP, joins host Mike Causey on this week’s Your Turn to talk about the changes, which include making it easier for participants to make withdrawals from their accounts. May 23, 2018
If any of the Trump administration’s proposals to overhaul the federal pay and pension plans make it through Congress, thousands of federal workers might have to extend their tours of duty by as much as a decade to maintain their standard of living.
The Professional Managers Association is telling fed-postal-retirees to stay alert as federal retirement contribution changes are proposed by the Trump administration.
Tune into the May 18th FedTalk to hear about the latest initiatives from the United States Digital Service (USDS) and dCode, including a new digital initiative at the Department of Veterans Affairs.
May 18, 2018
Jeff Neal, former DHS CHCO, looks at the recent proposals from OPM and OMB that would freeze federal pay for a year and decrease federal employee compensation.
Federal management leaders in the Trump administration say they’re optimistic they can lead a bipartisan, inclusive discussion about its plan to modernize the federal workforce.
The Trump administration’s plan to totally eliminate inflation protection for federal retirement, while requiring workers to pay more for smaller lifetime retirement benefits, is the ultimate deal-breaker for most people.