The department is seeking to reverse a 2021 decision by the Biden administration that placed the Office of Survivors Assistance under the Veterans Benefits Administration.
Federal workers who accepted President Trump and Elon Musk’s so-called ‘fork in the road’ fear Republicans have “pulled the rug out from under” their retirement plans.
One Republican who voted against the measure said efforts to reduce existing federal workers’ pension benefits will fail if put to a vote before the full House.
While tax withholding is automatic while working, retirees face the responsibility of ensuring their income is withheld for federal and state taxes. With that in mind, here are some options to be aware of.
Federal workers hired in 2029 would contribute nearly 10% of their basic pay toward a less generous pension if they wish to retain their civil service protections under House lawmakers’ budget reconciliation proposal.
For federal employees weighing whether to leave the TSP, five certified financial planners offer their insights on what to be aware of and what flexibilities lay in the private markets.
A proposed rule from the Federal Retirement Thrift Investment Board could recalculate how federal employees repay accrued interest on loans from the government’s 401(k)-style retirement plan.
In OMB’s response to agency budget submissions, the White House budget office told officials to prepare for a freeze on federal civilian pay next year.
The Commissioned Corps of the Public Health Service is one of the uniformed services, which are associated with the armed forces, but don’t receive the same paid leave benefits.
If you're one of the many federal employees being offered early retirement but are still years away from your Minimum Retirement Age, you may be feeling uncertain and anxious about whether to accept the offer now or wait to see what unfolds.
Though the upheaval of tariff policy has riled the markets, here's what to consider for the potential impacts on the federal government’s 401(k)-style retirement savings program.