Do You Need to Pay Taxes on Your TSP Withdrawal This Tax Season?

Spring signifies more than a fresh new year and a break from the cold months of winter, it also means tax season. Most employers and government agencies were required to send forms to employees and citizens by January 31, meaning you likely received forms to help you file. The deadline to file your taxes this […]

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OPM Retirement Claims Backlog Continues to Grow

The Office of Personnel Management (OPM) has struggled to fill the retirement backlog most of the year, but it continues to rise as the office is overwhelmed with new submissions. The retirement claims backlog has the potential to delay the retirement of federal employees, preventing organizations from balancing their budgets and reaching their staffing goals. […]

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Congress Approves 2.4% Pay Raise for Service Members

Members of Congress and the President are working together to finalize the federal budget and approve a pay raise for service members and federal employees. Within the budget, pay increases for military personnel, in particular, were recently discussed and a substantial increase was approved. The proposed increase can significantly change the federal budget as well […]

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The GSA Announces Updated Per Diem Rates for Federal Travelers

The General Services Administration recently announced its per diem rates for federal travelers that are effective October 1, 2017. These rates set the average lodging cost that employees can charge the government for using. The major change with these guidelines affects the standard per diem rate, which was increased from $91 to $93. Unless a […]

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What Employees Can Expect from 2018 Federal Employee Raises

The final months of the calendar year are a tumultuous time for any president, but particularly for a new one. Along with the budget proposal and debt ceiling coverage, the president also issues a proposal for annual federal employee raises. This proposition was due at the end of August, and President Trump submitted a 1.9% […]

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Federal Retirement Quiz

Are You Ready To Retire? Preparing to retire is a daunting process, especially if you don’t have a secure retirement plan in place. Many federal employees don’t have a special retirement supplement in place, or why it’s beneficial to contribute to your TSP. We have created a custom federal retirement quiz that will help you […]

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FEGLI Open Enrollment Quiz

Is FEGLI Open Enrollment Right For You? For the first time since 2004, FEGLI open enrollment will be available for all Federal employees in September 2016. Navigating federal insurance can be confusing, and many Fed workers may not know if FEGLI is the right choice for them. The team at MyFEDBenefits has created a FEGLI […]

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Understand Your Options During FEGLI Open Season

Know Your Options For FEGLI Open Season. This fall a unique event will give federal employees the opportunity to increase their life insurance without a qualifying life event or proof of insurability. This Open Season will be available to those interested in joining the Federal Employee’s Group Life Insurance program. FEGLI, with an enrollment of […]

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Obama Nominates NEW OPM Chief

Beth Cobert may become the new head of the U.S. Office of Personnel Management if President Obama has his way. The president has nominated the now acting director of OPM to officially take over the agency and become OPM director. Ms. Cobert became acting director following the resignation of former OPM director Katherine Archuleta. Ms. […]

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Former IRS Chiefs Warn Congress about Budget Cuts

Seven former IRS commissioners are begging Congress to halt additional cuts to the agency’s budget. In a November letter to U.S. House and Senate leaders, the former commissioners pointed out that the agency’s budget has been cut by 17 percent since 2010 — a $1.2 billion reduction. “None of us ever experienced, nor are we […]

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