Author: Federal Digest Staff
Options For Individuals Seeking Tax Relief
Tax season is nearing which means people are readying their documents and preparing to file their returns by the deadline. However, there ...OPM Hails PSHB Program a Strong Success
On Friday, December 13, the U.S. Office of Personnel Management (OPM) completed the inaugural Open Season for the Postal Service Health Benefits ...CBO Revives Cost-Cutting Proposals Targeting Federal Benefits
The Congressional Budget Office (CBO) regularly publishes reports offering options to reduce the federal deficit, with some proposals aimed at federal employee ...The Rising Costs of FEGLI: Is It Worth the Premiums?
Established in 1954, the Federal Employees’ Group Life Insurance (FEGLI) program is the largest group life insurance plan in the world, covering ...Maximizing Your Retirement Withdrawals
Creating a thoughtful withdrawal strategy is a crucial part of retirement planning. The sequence in which you tap into your accounts can ...Understanding Required Minimum Distributions (RMDs)
When you contribute to tax-advantaged retirement accounts like your TSP, those contributions are typically made pre-tax, meaning they haven’t been taxed yet. ...Key Decisions to Consider for Your Retirement Application
When applying for retirement as a federal employee, you’ll face several important choices that can impact your financial future and your spouse’s ...Deciding When to Retire: Age 60 vs. Age 62
Choosing the right time to retire from federal service is a significant decision that can shape your financial future. For those nearing ...Why Emergency Savings Matter for Retirement Planning
A recent analysis sheds light on the pivotal role that emergency funds play in safeguarding retirement goals. Without an adequate financial cushion ...The Rise in Retirement Account Withdrawals
Recent studies and reports reveal a significant rise in withdrawals and loans from retirement accounts like 401(k)s and Thrift Savings Plans (TSP), ...
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