Pay & Benefits

Mixed reactions to Medicare Part D in the FEHB

It's been almost five months since Part D was incorporated into many Federal Employees Health Benefit plans. How is it being received?

Pay & Benefits

OPM’s retirement backlog continued a four-month downward trend in April

Though the Office of Personnel Management’s backlog of pending federal retirement claims fell again last month, the pace of progress has slowed.

Pay & Benefits

Essential things to know about your Social Security benefit: Part 2

Social Security, along with the FERS basic retirement benefit and the Thrift Savings Plan, can provide the financial security you will need during your life after retirement.  

Pay & Benefits

Essential things to know about your Social Security benefit: Part 1

It is important to keep up with Social Security changes that can have an impact on your current and future benefits.

Pay & Benefits

Most TSP funds took a tumble in April

After two months of sustained gains, only one portfolio in the federal government’s 401(k)-style retirement savings program finished last month in the black.

Pay & Benefits

Postponing retirement problems: Part 1

It’s important to know the difference between a postponed retirement and a deferred retirement. 

Pay & Benefits

Estate planning for federal employees: Maximize benefits and minimize taxes

Make sure to review and update your estate plan regularly to reflect changes in your financial situation and personal circumstances.

Pay & Benefits

Resigning instead of retiring

How you leave the federal government matters when it comes to benefits.

Updated Pay & Benefits

House panel advances bills to improve FEHBP oversight and fix CBP retirement snafu

A 2022 Government Accountability Office report estimated that ineligible family members covered through the federal government’s employer-sponsored health care program could cost the government between $250 million and $3 billion per year.

Pay & Benefits

OPM continued to make strides on retirement process in March

The backlog of pending retirement claims fell below 17,000 last month, a feat that did not occur until June in 2023.

Pay & Benefits

TSP funds touts well-rounded gains in March

Every portfolio in the federal government’s 401(k)-style retirement savings program posted increases last month.

Oversight

OPM slices record retirement processing time in February

The overall retirement backlog ticked back under 20,000 last month, amid the federal government’s HR agency’s busy season.

Pay & Benefits

Will your future income rocket your Medicare premiums?

As a federal employee with FEHB, should you also take Medicare Part B at age 65? Here are a few things to consider before making the decision.

Pay & Benefits

Most TSP funds gained ground in February

Only one of the portfolios in the federal government’s 401(k)-style retirement savings program ended last month in the red.

Pay & Benefits

OPM faces its first test of recent retirement processing tweaks

The number of new retirement claims received by the federal government’s HR agency doubled in January, marking the start of the annual busy season.

Pay & Benefits

TSP and Required Minimum Distributions

Rules around these mandatory withdrawals changed under the Secure 2.0 Act.

Pay & Benefits

Tips for recent retirees

There may be a few bumps along the way, but don’t panic.

Pay & Benefits

Federal retirement savings plan opens 2024 with a mixed bag

Only two of the five core funds within the federal government’s 401(k)-style retirement savings plan posted gains last month.