Pay & Benefits
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Thrift Savings Plan millionaires, many of whom never expected to make it there, provide some perspective.
April 20, 2021 -
The new customer base for AAFES, NEX and MCX outlets will include currently-serving DoD and Coast Guard civilians and retirees.
April 19, 2021 -
The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), created by Congress, have made monthly raids on the Social Security benefits of millions of retired civil servants for decades.
April 15, 2021 -
In March of 2020, there were 27,212 individuals with $1 million or more in their Thrift Savings Plan accounts. One year later, the TSP millionaires club has grown to 84,808 members.
April 13, 2021 -
The issue of hunger in the military and service member families needing food stamps to get by is starting to grab the attention of high-profile lawmakers.
April 12, 2021 -
The number of active and retired feds with $1 million or more in their Thrift Savings Plan accounts has jumped to a record 84,808 as of March 31 of this year.
April 08, 2021 -
Some federal employees are receiving COVID-19 vaccines through their agencies, but for others, they must wait until their state and local governments make doses available.
April 06, 2021 -
Want to have a million dollars, at least, in your federal Thrift Savings Plan when you retire? Abraham Grungold, a financial adviser and current federal employee, can help you reach that goal.
April 06, 2021 -
Once again, there are dueling agendas to eliminate or offset the Windfall Elimination Provision, a pesky nuance that reduces Social Security benefits for some federal retirees.
April 05, 2021 -
Federal employees and annuitants will no longer see major disruptions to their health, dental, vision and life insurance during future government shutdowns thanks to a new policy, which the Office of Personnel Management finalized Friday.
April 02, 2021 -
The Veterans Benefits Administration said it can bring down its backlog of 212,000 pending disability claims to a more manageable level by the end of September.
March 23, 2021 -
More Thrift Savings Plan investors than you think may not understand exactly what their retirement nest egg is invested in.
March 23, 2021 -
Planning for retirement is a process that doesn't have to be a painful if you avoid some common mistakes. It will pay off big to know what they are and avoid them.
March 17, 2021 -
Exceptional family members are full of love, but they also can bring challenges, such as when the family has to relocate or find an accommodating school. For military members, that's where the Exceptional Family Members Program comes in.
March 11, 2021 -
The $1.9 trillion COVID-19 relief package gives federal employees access to a new bank of paid leave, which will allow them to recover from COVID-19 and care for sick family members, or children who are learning virtually from home. President Joe Biden signed the relief bill into law Thursday afternoon.
March 10, 2021