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Thrift Savings Plan–Loans, Withdrawals, and Refunds–Part 2

So far in this series, we have covered the basics of the Thrift Saving Plan, employee and agency contributions, and the differences between Traditional and Roth TSP accounts. The next couple of posts will look at loans, withdrawals, and refunds in your TSP account,...

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In the Event of a Government Shutdown, Do I Still Get Paid?

The current continuing resolution is set to expire at the end of the day on December 8, so talk of a government shutdown is starting back up. Earlier this week, President Trump and congressional leaders had a meeting scheduled. Then, the president tweeted, “I don’t...

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Federal Benefits Open Season is Upon Us

The Federal Benefits Open Season is in full swing. This is the time of year federal employees and retirees can review their health, dental, vision, and tax saving needs and make changes to, or enroll in, the right plan for your current situation. You may make changes...

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Thrift Savings Plan; Loans, Withdrawals, and Refunds

Thrift Savings Plan; Loans, Withdrawals, and Refunds

So far in this series, we have covered the basics of the Thrift Saving Plan, employee and agency contributions, and the differences between Traditional and Roth TSP accounts. This post will look at loans, withdrawals, and refunds in your TSP account, with this post...

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Federal Employees Now Have More Options for Tuition Discounts

The Office of Personnel Management has announced that it has entered into agreements with four additional schools to offer tuition discounts for federal employees. The Catholic University of America Metropolitan School of Professional Studies, Pace University iPace...

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Traditional vs. Roth TSP–What are the Differences?

Previous posts in this series have looked at the basics of the TSP and employee contributions and agency contributions. Now, we'll compare and contrast the Traditional and Roth TSP. Traditional vs. Roth TSP Here we’ll look at the differences between a Traditional and...

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How are Buyouts and Early Outs Different?

There are two programs used by the federal government to reduce the number of employees within its agencies; Voluntary Separation Incentive Payments (VSIP) and Voluntary Early Retirement Authority (VERA). VSIP The program is also called Buy Out Authority. It’s an...

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Basics of the Thrift Savings Plan and Contributions

Over the next few weeks, we’ll be looking at the Thrift Savings Plan. While previous blogs have covered basic information about the TSP, they haven’t covered topics such as contributions made to the TSP in a non-pay status, military service, and more. First, we’ll...

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AFGE Unhappy with VA Restructure Proposal

The VA released its proposal to restructure the current Veteran’s Choice Program. The proposal, the Veterans’ Coordinated Access, and Rewarding Experiences (CARE) Act suggests eliminating the current eligibility requirements that veterans must meet to qualify for care...

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