Entries by FedSavvy

WEBINAR: Thrift Savings Plan – Considerations in Retirement

Join us on Tuesday, June 20th at 12:00 pm EST The Thrift Savings Plan (TSP) is a great retirement savings method for Federal Employees. The low expenses, diverse investment options, 5% employer match, and Roth option, make it a great vehicle for accumulating your nest egg. As an employee, your savings and investment options are […]

Should a Trust be the Beneficiary of Your IRA? Pros and Con

For many Americans, the assets in their Individual Retirement Account represent a significant portion of the wealth they hope to leave to their loved ones. You may have heard that creating a trust and naming it as the beneficiary of your IRA is a good way to direct how your assets are distributed after your […]

Questions About Medicare? Here Are Some Answers

Medicare is complex and today’s changing health care landscape makes it more important than ever to fully understand how it works. If you or someone you know is near retirement, you may have questions about how to enroll in Medicare and what Medicare covers. Here are answers to some common questions about Medicare that can […]

EPA to Offer Early Buyouts (Federal Soup)

The Environmental Protection Agency will continue an external hiring freeze and begin offering early buyouts to employees as part of a plan to reducing its workforce. Acting Deputy Administrator Mike Flynn in an April 17 memo to regional administrators and other top agency officials said given the agency’s current resources and in light of President […]

Senators introduce bipartisan legislation to relax withdraw rules for Thrift Savings Plan (by Hazel Bradford)

Bipartisan legislation to loosen withdrawal rules for the Federal Thrift Savings Plan was introduced Thursday by Sens. Rob Portman, R-Ohio, and Tom Carper, D-R.I. The proposed changes would address what the bill sponsors characterized as overly restrictive withdrawal rules that, according to TSP surveys, are a significant reason for the $9 billion transferred out of […]