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 […]
Author Archive for: FedSavvy
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Entries by FedSavvy
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 […]
Join us on Tuesday, April 11th at 12:00 pm EST When you retire, you may want to travel, see the world, and spend time with your loved ones, without having to worry about running out of money. In this session, we will share the strategies that will have you doing everything you want to do […]
As of today, March 16, 2017, the U.S. Treasury was unable to fully invest the Government Securities Investment (G) Fund due to the statutory ceiling on the federal debt. However, G Fund investors remain fully protected and G Fund earnings are fully guaranteed by the federal government. This statutory guarantee has effectively protected G Fund investors many […]
“Ownership” is a rather fuzzy concept where federal retirement accounts are concerned. However, there is perfect clarity in recognizing feds don’t enjoy the same custody rights within their retirement nest eggs as other retirement savers do.