Government agencies looking to downsize or restructure their workforce may offer eligible employees early retirement under Voluntary Early Retirement Authority (VERA).
Effects on Your FERS Annuity
The FERS annuity begins on the first day of the month following retirement. Your FERS Basic…
The new year has brought some changes regarding your federal benefits. Keeping up with these changes will help you maximize your benefits and better prepare for retirement.
TSP Contributions
TSP contribution limits for 2025 have been increased. This applies to both traditional…
The Federal Retirement Thrift Investment Board (FRTIB) will be updating the benchmark index for the I Fund throughout 2024, aiming to broaden the fund’s diversification and grant participants access to a wider array of international markets and companies.
Background on the Change…
When you retire or leave your job, it might take up to 30 days for the TSP to get notified by your agency. During this time, you won’t be able to access your money. Once the TSP is notified, they’ll give you…
When you retire, you can leave your money in the Thrift Savings Plan (TSP) and let it grow. But if you want more control or flexibility, it's important to know what the TSP doesn’t allow you to do.
In-Plan Roth Conversions Aren’t…
Big news for federal employees: the IRS has announced higher Thrift Savings Plan (TSP) contribution limits for 2025. This means you’ll have even more room to grow your retirement savings starting next year.
2025 Contribution Limits
In 2025, you can contribute up…
