Roth strategies are not going away. But the way certain federal employees use them is changing, and the timing of your decisions is becoming far more important.
Active-duty and federal employee veterans have until Dec. 31 to contribute to their Thrift Savings Plan for 2025. The annual limit is $23,500, with an extra $7,500 catch-up for those 50 and older; or ...
The United States government's Deferred Resignation Program 2.0 (DRP 2.0), is a voluntary program that lets federal employees resign in advance but still get paid and keep benefits until September 30, ...
The White House issued a directive on Wednesday, February 26th, instructing federal agencies to prepare for significant workforce reductions by March 13, 2025. This follows the Postal Service’s offer ...
Of course, with any federal process, you’ll have forms to fill out. If you are a Federal Employee Retirement Systems (FERS) employee, get SF 3017, “Application for Immediate Retirement.” Oldsters who ...
A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...
Federal employees cited their pensions, Thrift Savings Plan accounts and health insurance as the most important benefits that play into their decisions to join and stay in the government, a survey ...
I am writing regarding the Aug. 2, 2024, article titled "Thrift Savings Plan's rocky rollout of new system caused by mismanagement, GAO says." The article painted an incomplete picture of the results ...
This past summer, the Employee Benefit Research Institute rolled out its 34th annual Retirement Confidence Survey. I detailed some of the high-level findings in this article, including a positive ...
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