TSP Management Promises Stability In Its Recordkeeping Transition
Government officials overseeing the 401(k) savings plan concerned with retirement guaranteed users of stability in the Thrift Saving Plan’s troublemaker transition. The transition involved acquiring a new recordkeeping service provided by Accenture Federal Services. Ever since June 1, when the new collaboration […]
The Latest Updates On The House Bill and More
On July 12, 2022, the House passed a bill aimed at transforming the retirement process for several Federal first responders who get wounded or harmed during service and are thus required to seek other Federal jobs.
The previous retirement program catered to […]
Steps By the Biden Administration to Ease The Public Service Loan Forgiveness
The Biden administration recently shot two birds with one stone. In an attempt to increase participants for the federal government, the government ended up making borrowing less strenuous for people.
In July, the federal loan forgiveness program became easier […]
Meet the New Leader of the TSP Fund
As of July 2022, the C Fund is no more the biggest Thrift Saving Fund. Although it still sits in the top 5 core funds, the position of number 1 is now acquired by the G Fund. According to market performance, it […]
Discover the Time-Saving Idea Of a Navy Reservist
A couple of years ago, the idea of Navy reservists using an app for assembling their mobilization documents felt like a dream. Although this could considerably reduce the handiwork, the idea was never taken into consideration.
However, this was only until a Navy […]
Congress had been working to include new reforms to transform the previously existing federal firefighter’s compensation as included in the bipartisan infrastructure law. These reforms include increasing the overall pay of firefighters, especially in locations with low job recruitment and retainment. The idea is to increase their income by […]
Many people have asked me about my approach to retirement. How should one strike a perfect balance between the yearly cost-of-living adjustments to retirement benefits and the increase in employee income? Even though the answer to this concern is not as easy as it may sound, the aim is […]
The global recession has pushed gas prices to new, unforeseen heights. Federal Employees’ Union is trying to tackle raising prices by urging the Internal Revenue Service to issue a new update on gas reimbursement amount. Midyear updates are rare, but it is the need of the hour for federal […]
Remote work became a new norm during the pandemic phase. In an attempt to minimize the effects of the pandemic, most of Covid’s response strategies involved shifting many workers to remote teams. Similarly, 60% of federal workers shifted to telework to maximize flexibility.
Fast forward to the post-pandemic era, institutions […]
Cost of living adjustment – or Cola, for short – is a simple idea for federal retirees. But, depending on which system you’re in, you’ll find many aspects of the adjustment different from other federal employees. These differences could be related to how soon you get the adjustment and, […]
