To answer a couple of readers’ questions: No, your Thrift Savings Plan accounts are not insured. Neither by the Federal Deposit Insurance Corporation nor anyone else. Maybe the G Fund. It consists of U.S. Treasury bonds, so they’re backed by the faith and credit of the government. TSP plan holders surely know the importance of […]
Fewer incoming retirement claims than in past years and faster processing times helped slash the OPM retirement backlog in February 2023. The OPM retirement backlog dropped by nearly 5.5% last month, going from 24,858 at the end of January to 23,500 at the end of February 2023. The Office of Personnel Management also dramatically improved […]
During his first year in office, President Biden signed an Executive Order directing a whole-of-government effort to design and deliver an equitable, effective, and accountable Government that delivers results for all Americans. Since then, more than 17 Federal agencies, through 35 High Impact Service Providers (HISPs), have taken actions to deliver customer experiences that are more simple, […]
March is Women’s History Month, a time to recognize the remarkable contributions of women throughout history. This year’s theme is “Celebrating Women Who Tell Our Stories,” We’re honored to share a few examples of women who continue to shape our future as they live their stories. Janet Yellen – is not only one of the […]
Certain benefits decisions are irrevocable. Retirement is a very big life decision, involving financial considerations as well as emotional concerns. But deciding whether and when to retire isn’t the only big choice. Once you’ve concluded it’s time to take the plunge, there are other decisions to make. And some are irrevocable. Let’s look at what […]