Benefits
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More than 55,000 active and retired federal and postal workers have a million dollars, or more, in their Thrift Savings Plan accounts. What’s their secret?
October 15, 2020 -
Participants in the Federal Employees Health Benefits Program (FEHBP) can expect to pay, on average, 4.9% more for their health insurance in 2021. Participants may pay more or less depending on the options they choose.
October 14, 2020 -
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus pandemic and its consequences for older people
October 13, 2020 -
The Defense Department is putting $600 million into 5G in five new military installations.
October 13, 2020 -
Sen. Chris Van Hollen (D-Md.) has introduced new legislation that would make the president's payroll tax deferral optional for federal employees and servicemembers.
October 09, 2020 -
Do you find yourselves longing for the good old days, or your version of same? Maybe back to a time when candy bars were only a nickel or a dime, or when kids went to school at actual schools?
September 29, 2020 -
Military members and federal employee groups worry those impacted by the president's mandatory payroll tax deferral aren't getting the message about the extra dollars they're seeing in their paychecks -- and that they'll have to pay it all back next year.
September 28, 2020 -
The modern day equivalent of a panic-starter is to bring up the subject of the Government Pension Offset or Windfall Elimination Provision to retired federal or state government employees, or their spouses.
September 23, 2020 -
A group of federal managers and senior executives are pushing the Trump administration to establish an emergency leave transfer program for employees struggling to balance their work and childcare responsibilities during the pandemic.
September 18, 2020 -
Some savvy investors say the President has a major impact on the economy and the stock market. Others say events -- not whoever is elected POTUS in November -- will determine whether your Thrift Savings Plan languishes or takes off like a rocket over the next four years.
September 16, 2020 -
Given the choice, would you take a reduced CSRS or FERS annuity later — for life — if it meant you could telework from the geographic location of your choice?
September 10, 2020 -
Fortunate federal retirees, like people who get Social Security, usually get a catchup-with-inflation increase in their benefits the first of each year.
September 03, 2020 -
Mike Causey asked long-time fed and financial coach Abraham Grungold to check out the 2020 situation, who listed some things which workers under the Federal Employees Retirement System retiring in 2020 should seriously consider.
September 02, 2020 -
Not much got done in Congress over the last two weeks, and tomorrow is the first day of the last month of the fiscal year.
August 31, 2020 -
Postmaster General Louis DeJoy says USPS would seek “more pricing freedom” from Congress, as well as legislation that would reform the agency’s mandate to pre-fund retiree health benefits.
August 21, 2020