Federal News
After the Federal Retirement Thrift Investment Board launched a new system for Thrift Savings Plan participants to access their retirement savings, many users expressed frustrations over numerous technical challenges with the update. Among issues … [Continue reading] about Survey shows new TSP system difficult to navigate for some participants
When Social Security was launched in 1935, the average life expectancy for men was 59.9 years and 63.9 for women. Full benefits started at 65, so do the math! It sounded almost like a safe, government-guaranteed Ponzi Scheme, minus the scheme part. … [Continue reading] about Social Security: On life support?
Best listening experience is on Chrome, Firefox or Safari. Subscribe to Federal Drive’s daily audio interviews on Apple Podcasts or PodcastOne.When a veteran passes away, it currently takes more than two months on average for the Department of … [Continue reading] about How automation is showing a lot of promise in approving veterans’ survivors dependency claims
Participants in the Federal Thrift Savings Plan will soon be able to put a sizeable chunk of their accounts into 5,000 new funds, including those offered by 300 mutual fund families like Fidelity, T.Rowe Price and Vanguard. And they will then be able … [Continue reading] about 9 Step Guide To New TSP Investing Options
UPDATE: This story was updated at 5:55 p.m. on Thursday, June 9 to reflect the IRS announcement that it will increase the mileage rate for the remainder of 2022, starting July 1. The Internal Revenue Service is making a rare … [Continue reading] about IRS makes rare call to set higher gas reimbursement rate for rest of 2022
