Project 2025: The Worst-Case Scenario For Veterans

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Project 2025: The Worst-Case Scenario For Veterans

Project 2025, a comprehensive policy blueprint backed by influential conservative think tanks, aims to reshape the federal government radically. It proposes cutting one million federal jobs, with a significant focus on eliminating managerial bureaucracy and shutting down what it terms “toxic government agencies.” This initiative aligns closely with the policies of former President Trump, reflecting a broader agenda to reduce government size and influence drastically. Follow link to read more. https://bit.ly/465FZPd

TSP Mobile App Gets Update, New Features

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TSP Mobile App Gets Update, New Features

Users now have the option to use facial recognition or a fingerprint to log into their TSP accounts from their phones.

Participants in the Thrift Savings Plan will see some new features available on the TSP mobile app. Users now have the option to use facial recognition or a fingerprint to log into their accounts from their phones. Once logged into the app, TSP participants can access a summary of their retirement accounts, along with other investment information. The TSP app was first launched in 2022 as part of a major update to the TSP’s platforms. Follow link to find out more. https://bit.ly/4bwSZi0

IRS Increasing Estimated Tax Penalties: What Federal Employees and Retirees Need to Know

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IRS Increasing Estimated Tax Penalties: What Federal Employees and Retirees Need to Know

Over the past year, the IRS has significantly increased penalties on underpayment of both estimated tax payments and federal income withholding from salary and retirement income. Individuals who are required to make quarterly estimated payments (due dates each year are April 15, June 15, September 15 and the following January 15) include those individuals with large amounts of investment income such as interest, dividends and capital gains that is not subject to federal income tax withholding. Follow link to read full article. https://bit.ly/3Sp2vx5

PEER Sues to Force OPM To Implement Administrative Leave Reforms

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PEER Sues to Force OPM To Implement Administrative Leave Reforms

Though Congress enacted a law aimed at ending agencies’ abuse of involuntary administrative leave, the federal government’s dedicated HR agency has yet to implement its key provisions.

An environmental advocacy group is following through on the ultimatum it set last fall, suing the Office of Personnel Management in an effort to force the government’s HR agency to implement a 7-year-old law aimed at limiting agencies’ ability to put federal workers accused of misconduct on prolonged stints of administrative leave. Follow link to read more. https://bit.ly/4ePZcbD

The Major Takeaways For Federal Employees From The First Presidential Debate

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The Major Takeaways For Federal Employees From The First Presidential Debate

President Biden and former President Trump clashed over the role of government and their vision for how to manage agencies.

President Biden and former President Trump on Thursday squared off in the first debate of the 2024 cycle, offering a fiery discussion over the ways they would shake up and deploy various parts of the federal government. Follow link to read more. https://bit.ly/3RMpX71