The good news is that Congress decided against a proposal to eliminate catchup contributions to the federal Thrift Savings Plan and other 401(k) plans.
Senior Correspondent Mike Causey says if you’re hoping for a $40,000 buyout from your agency, you can forget about it, unless you work for DoD.
Lawmakers found the numbers presented by the departments involved don’t provide an accurate picture of the program’s success.
The Senate sent the TSP Modernization Act to the president’s desk this week. The bill will give Thrift Savings Plan participants more flexible options for making withdrawals from their accounts.
In January, the armed forces will be implementing its blended retirement system. Senior Correspondent Mike Causey explains it all.
The armed forces will be implementing the blended retirement system in January. So what does that mean if you are already in the service? What are the benefits of switching to the new system? Find out when Michael Meese, chief operating officer of AAFMAA, joins host Mike Causey on this week’s Your Turn. November 8, 2017
When they retire or leave government, some people transfer their Thrift Savings Plan 401(k) accounts to IRAs that offer more flexibility and investment options.
The Office of Personnel Management lost ground in processing its retirement backlog in October, primarily due to a slowdown in the number of claims OPM processed.
What does the average federal worker have in common with a beekeeper in a nudist colony? Senior Correspondent Mike Causey has the answer.
Working as long as you have as a federal employee, are you really ready to not have a job to do? It’s never too early to plan for the next phase of your life.
The benefits-eating monster is real. And still out there. Just as you suspected.
While none of the funds dipped far enough to post negative returns, only three funds showed growth since September.
October was the unofficial start of the federal buyout system. The catch, this year, is that there are no buyouts, or at least very few.
From January 2016 to August of this year, the number of self-made federal worker millionaires jumped from 3,272 to 16,475.