OPM Retirement Center Do You Know About the OPM New Retirement Resources? OPM is here to help you transition from serving the American people to enjoying your retirement. These links are useful to new and existing retirees throughout their retirement journey. Explore the Retirement Quick Guide Retiring Soon? Tax Help for Annuitants Follow link to […]
The GPO-WEP Repeal Bill The “windfall elimination provision” affects how the amount of your retirement or disability benefits is calculated if you receive a pension from work where Social Security taxes were not taken out of your pay. A modified formula is used to calculate your benefit amount, resulting in a lower Social Security benefit. […]
How Could Federal Employee Retirement be Affected as the Trump Administration Assumes Power The transition of power to the Trump Administration raised several questions regarding federal employee retirement benefits. Changes could potentially stem from policy shifts aimed at reforming government spending and programs. Here are some key considerations: Proposed Reforms: The Trump Administration expressed support […]
Thrift Savings Plan (TSP) Contribution Limits in 2025 As of 2025, the Thrift Savings Plan (TSP) contribution limits are expected to increase. The maximum employee contribution limit will likely be set at $23,000 for employees under the age of 50, reflecting an increase from prior years. Additionally, those aged 50 and over can contribute up […]
Federal Employees – Lump Sum Annual Leave Payment When Retiring at End of Year When federal employees retire at the end of the year, they are entitled to receive a lump-sum payment for any unused annual leave. This payment is calculated based on the employee’s hourly rate of pay and the amount of accrued annual […]