Entries by FedSavvy

Your Three Basic TSP Withdrawal Choices

The Thrift Savings Plan does not give you a lot of choices as to how to withdraw your money after you separate from federal service.  In general, employer-sponsored plans such as the TSP do not offer the flexibility in withdrawal options that you will find in an IRA.

Money-Saving Medicare Tips (by Tammy Flanigan)

Last week, we looked at the rising costs of Medicare Part B insurance, which helps cover doctors’ services and outpatient care. Many federal employees and retirees are wondering whether they need to sign up for the increasingly expensive Part B, since they typically already carry Federal Employee Health Benefits Program coverage into retirement.

Medicare Part B Increases Announced for 2017

The premiums for Medicare Part B have been announced, by The Centers for Medicare & Medicaid Services (CMS), for the upcoming year of 2017.  Although the Social Security COLA that was announced in October was low, preimum rates are set to increase across the board.  Under the harmless hold provision, which applies to approximately 70% […]

Federal Government and Federal Employees Under President Trump (by Ralph R. Smith – FedSmith)

President Trump? Those two words becoming a reality were considered highly unlikely before yesterday’s election. In a year of political surprises, America’s election of Donald Trump as president despite consistently running behind in many polls is a historic event. As happened in the United Kingdom earlier this year, voters made up their own minds and ignored the […]