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Proposed TSP Changes During Government Shutdowns

A new bill in Congress aims to ease the financial strain government shutdowns place on federal employees by making critical changes to Thrift Savings Plan (TSP) rules. Introduced by Senator Tim Kaine of Virginia, here’s what the bill would change about TSP: Treat Government Shutdowns as Financial Hardship Events Currently, TSP participants must certify that […]

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Continuing Resolution Fails — Shutdown Enters Day 3

Congress was unable to pass a continuing resolution today, leaving the government without funding and the shutdown in place. The Senate voted 54–44 against advancing the House-passed CR. A Democratic-led short-term funding bill also failed by a vote of 46–52. Additional Senate action is scheduled for October 6, but with no agreement in sight, the […]

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Potential Government Shutdown – How Federal Workers Can Prepare

Federal agencies are signaling an impending government shutdown. If realized, it would begin this Sunday, September 28th 2023, putting millions of federal employees and military personnel either on furlough or required to work without knowing when your next paycheck might arrive. The longer it lasts, the heavier the burden on federal workers, their families, and […]

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