Entries by Karen Dzierzynski

TSP – LOOK FORWARD TO THESE NEW FEATURES COMING IN JUNE!

PARTICIPANT SERVICES WHEN AND HOW YOU WANT IT Get participant services on your terms. You’ll have access to a virtual assistant 24/7 to help you find answers and resources. And, when you’re logged in to My Account or the new TSP Mobile App, you can connect with a “ThriftLine” Representative during business hours using a […]

SECURE Act 2.0 Passes House

SECURE Act 2.0 Passes House, Signaling Massive Retirement Savings and Investment Policy Shift On March 29, the House of Representatives voted 414-5 in favor of the Securing a Strong Retirement Act of 2022. If passed by the Senate, and then signed into law by President Joe Biden, the act could represent a massive economic policy […]

Buyouts Still Exist, as Do Eligibility Conditions

The federal government in recent years has not offered a lot of buyouts—also known as voluntary separation incentive payments—but they still occur. The purpose is to avoid involuntary separations resulting from RIFs, reorganizations, and transfers-of-function. If you are offered a VSIP, you can accept it even if you aren’t eligible to retire, although as a […]

Understanding Long-Term Care Options

No one likes to think about the day that their aging parents or elderly loved ones will require acute or long-term care (LTC). And yet, 69% of aging adults will need some form of ongoing care in the later years of their lives. Planning for that time means understanding the types of care available, as […]