Boomers: What’s Next (by Mike Causey)
One of the downsides of getting older is that for many if not most of us, some parts get bigger while others shrink. Which is often not a good thing.
How To Rollover Your Thrift Savings Plan
When it comes to rolling money into the Thrift Savings Plan, there are several rules and regulations to follow. Both the Traditional TSP and the Roth TSP have their own set of rules as to what is allowed to be rolled over and what is not allowed. This can all seem a little confusing, but it is important to be knowledgeable about your TSP rollover qualifications. Therefore, please have a look at this excerpt from the FEDWeek article, “The Ins and Outs of Rolling Money Into a TSP,” for a breakdown of rollover guidelines:
WEBINAR: Deciphering Healthcare Programs
Join us on Tuesday, October 18th at 12:00 pm EST
Federal Employee Health Benefits (FEHB) average has announced that it will increase by 6.2% for 2017 enrollees. This just adds another spark to the three-tiered twister in healthcare. (1) Federal Long Term Care Insurance Program (FLTCIP) enrollees were outraged when an announcement came out in July that premiums were being increased an average of 83%, (2) 2017 FEHB premium increase of 6.2% average for enrollees, and (3), Participants of Medicare Part B—nearly 51 million Americans in 2016—could face a 22 percent premium increase in 2017, according to the federal government’s board of healthcare trustees. Read more
Postal Service Health Benefits and the FEHBP: The Urgent Case for Getting Reform Right (by Walton J. Francis)
The 2016 Postal Service Reform Act (H.R. 5714) proposes shifting postal retirees’ primary health care coverage from the Federal Employees Health Benefits Program (FEHBP) to Medicare. Proponents call this a consensus proposal for integrating the FEHBP with Medicare. It is not. The proposal’s impact on both postal retirees and taxpayers could be substantial. Read more
NARFE Re-Elected President Focuses on Premiums Hitting Federal Retirees
The National Active and Retired Federal Employees Association has re-elected Richard G. Thissen as their national president. Thissen’s first plan of action is to focus on four big problems from now until the end of 2016. These issues are:
- WEP reform bill
- Postal reform
- Federal retiree COLA
- Federal Long Term Care Insurance Program