Federal Employee Information Partnership
It’s no secret how much the USPS has been struggling in recent years. With the rise of Amazon and other 2-day delivery services, coupled with poor governmental policies that have nearly crushed the USPS, the nearly 50-year old program is long overdue for a revamp. Postmaster General Louis DeJoy saw these issues and created a […]
The New USPS 10-Year Plan and How It Will Affect You Read More »
As a Federal Government employee, the Federal Employees’ Group Life Insurance (FEGLI) program is an option for familial security during retirement. If you’re enrolled in FEGLI, however, you should get prepared for the new premium insurance rate increase. This increase goes into effect the first pay period after October 1st, 2021, so you’re likely stuck
The FEGLI Rate Increase — What Does It Mean for You? Read More »
For federal employees, the Thrift Savings Plan (TSP) is an invaluable piece of the retirement puzzle. After all, the “agency matching” that your employer provides essentially means you’re getting free money on top of what you are already contributing on your own. On the surface, managing your TSP so that you’re maximizing your benefits seems
The Top 5 Considerations For Proactive TSP Management Read More »
In 1986, the Federal Employees’ Retirement Security Act established a new qualified retirement plan known as the TSP or Thrift Savings Plan. Similar to a 401k, this plan is offered to federal employees and members of the armed forces. Today, many federal employees find themselves with questions about their TSP. These questions include the benefits
What is a TSP (Thrift Savings Plan)? And What Does It Do? (Your How-To Guide) Read More »