What FERS Employees Need to Know About Crediting Unused Sick Leave
August 14, 2018
Every employee treats their sick leave differently. Some employees battle through colds and stomach issues, determined not to miss a day. Other employees use every sick day possible, wanting to take advantage of the time off — even if they just have a light sniffle. FERS employees may want to consider additional information before deciding […]
OPM Data Breach May Put Federal Employees At Risk
July 31, 2018
Millions of federal employees rely on the Office of Personnel Management for their salaries, benefits, and retirement options. If this office isn’t reliable, then federal workers are at risk of delaying their retirement and having their data exposed to criminal hackers. Unfortunately, an OPM data breach is more of a potential threat than initially thought. […]
A 2.6% Military Pay Raise for Military Time is Likely in the 2019 Budget
May 29, 2018
In the modern media era, fake news leads to confusion and frustration. Not only is false information inconvenient, it also has real effects on people’s lives. Over the past few weeks, there has been considerable confusion about the military time pay raise. Service members want to make sure they will be fairly compensated, but worry […]
MyFEDBenefits Launches Retirement Quiz in Response to Waning Financial Certainty [MyFEDBenefits News]
April 4, 2018
With retirement preparedness confidence at an all-time low, helping federal employees plan for the future is essential, publishes myfedbenefitshelp.com Fort Worth, Texas – (MarketersMedia) — Fewer than 25 percent of Baby Boomers are confident in their retirement preparedness according to the latest reports from the financial sector. While federal employees’ benefits are designed to help […]
USPS VERA 2018 Q&A for Clerks and Mail Handlers
March 6, 2018
MyFEDBenefits Answers Common Questions About USPS VERA 2018 for Federal Employees MyFEDBenefits hosted a free Facebook Live Q&A event on Tuesday, February 27th for USPS federal employees to ask questions about early retirement and their VERA applications. The VERA (Voluntary Early Retirement Authority) is available to USPS employees with at least 20 years of eligible service. […]
Do You Need to Pay Taxes on Your TSP Withdrawal This Tax Season?
February 13, 2018
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 […]
What The Government Shutdown Means for Employee Pay and Retiree Benefits
February 6, 2018
While many employees returned to work following the end of the government shutdown in late January, questions remained. People wondered if they would get paid, and for what time they would be paid for. Retired workers worried about their benefits and government payments. Everyone wondered if this whole process would be repeated in February, as […]
With VA Facing Fallout, Congress Works to Find Solutions
January 26, 2018
American politicians agree on very few things, but one factor that tends to bring people across the aisle is providing care for our veterans. With the VA facing fallout, this issue is becoming even more urgent. Over the past few years, both Congress and the American people have started to see the exact state of […]
2% COLA (Cost of Living Adjustment) Increase Starts This Month
January 4, 2018
After months of debate and concerns about the federal budget, retired employees are set to see a 2% cost of living adjustment (COLA) to their benefits payments starting in January. This raise applies to CSRS retirees and FERS retirees who are eligible for a COLA. Social security recipients, military beneficiaries, and people who receive survivor […]
Treasury Suspends Investment Into TSP Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling
December 22, 2017
Federal employees checking their pensions this month might notice a change in the government’s contribution. In early December, The Treasury Department, led by Treasury Secretary Steven Mnuchin announced that the government would no longer pay into Federal employee retirement funds and thrift savings plans (TSP) in order to avoid hitting the debt ceiling. The contribution […]
