Use An Annuity Calculator to See How the High-5 Plan Affects You
October 2, 2018
The MyFEDBenefits team has kept a close eye on the government’s proposed retirement policies over the past 2 years. Though the changes aren’t done yet, it looks like retirement benefits may be a sticking point in the 2019 proposed budget. It’s time that we can start to use an annuity calculator to see how some of […]
House Spending Bill Includes a Federal Employee Pay Freeze
September 18, 2018
Late summer signifies the start of budget discussions for the 2019 fiscal year. Along with discussing hot-button issues like education spending and the investment in border security, elected officials are trying to determine if federal employees should receive a raise this year or if they should instate a federal employee pay freeze. There’s good news […]
Are Your FERS, TSP, and Social Security Accounts Indexed for Inflation?
August 28, 2018
There are multiple factors to consider when saving for your federal retirement. You want to enjoy your life now, but you also need to make sure you have enough saved once you leave public service. Once you’re finally ready to retire, you have to consider what to withdraw, when to pull your funds, and how […]
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. […]
Meet MyFEDBenefits At The UPMA Convention In Reno
July 20, 2018
MyFEDBenefits Wants You To Win Big At The UPMA Convention In Reno! The United Postmasters and Managers of America (UPMA) is holding their second annual convention in Reno, Nevada, and our team of benefits specialists is excited to attend for the second year in a row. Last year, we chatted with many postmaster union leaders […]
Congratulations to Our National Postal Worker Day Giveaway Winners!
July 10, 2018
Congratulations to all of our National Postal Worker Day giveaway winners! Nearly 200 USPS workers from around the country entered our 2018 National Postal Worker giveaway, and we’re excited to recognize our top 12 finalists and announce our grand prize winner. We read each and every one of your submissions and are proud to host […]
Honoring The USPS On National Postal Worker Day
June 28, 2018
MyFEDBenefits celebrates all USPS employees for National Postal Worker Day For the second year in a row, the MyFEDBenefits team is proud to celebrate all postal employees for National Postal Worker Day. USPS employees are the reason our mail delivery system runs as smoothly as it does today. From delivering mail to helping the public send […]
TSP Withdrawal Changes Go Into Effect September 2019
June 26, 2018
Following the approval of the 2017 TSP Modernization Act, the federal government is taking steps to ease the TSP withdrawal process and help retired and retiring employees access their funds. By giving employees more control over their retirement accounts, the government hopes to increase participation in the TSP program, grow recruitment efforts to government positions, […]
How The TSP Modernization Act Impacts Your Retirement Options
June 12, 2018
In November 2017, President Trump signed the TSP Modernization Act into law. This TSP bill is meant to increase participation in the government’s 401(k)-style retirement plan and make it easier for current and retired employees to access their funds. Despite the ease of use of the new Thrift Savings Plans, many federal employees are left […]
