News

13
Dec

Celebrating Postal Workers During The USPS Holiday Slowdown

Celebrating Postal Workers During The USPS Holiday Slowdown MyFEDBenefits wants to celebrate all postal employees who work tirelessly throughout the USPS holiday slowdown. The holiday season brings lots of joy and cheer, and lots of extra work for the United States Postal Service. And due to the large influx of packages that need to be mailed throughout November and December,

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13
Dec

Is Your 401(k) Over-the-Hill?

Is Your 401(k) Over-the-Hill? Back in 1978, three very important events occurred: 1) Yours truly graduated from high school; 2) My granddad retired after 43 years of faithful service to his employer, Bell South and 3) a bunch of politicians got together and enacted into law what we now know as “The 401(k) Plan”. Since the 401(k) is now celebrating

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12
Dec

Is Your Agency One of the ‘Best Places to Work?’

Is Your Agency One of the ‘Best Places to Work?’ Which agencies are rated as the “best places to work” in the federal government this year? Read the full blog post by clicking below: Is Your Agency One of the ‘Best Places to Work?’ The post Is Your Agency One of the ‘Best Places to Work?’ appeared first on My

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11
Dec

Vacant MSPB Means No Potential Recourse For Appeal-Filing Federal Employees Any Time Soon

Vacant MSPB Means No Potential Recourse For Appeal-Filing Federal Employees Any Time Soon The stalemate continues that has left MSPB with no quorum among its board members. What does this mean for the agency and federal employees with pending appeals? Read the full blog post by clicking below: Vacant MSPB Means No Potential Recourse For Appeal-Filing Federal Employees Any Time

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10
Dec

IG Labels CSRS Improper Payments ‘High-Risk’

IG Labels CSRS Improper Payments ‘High-Risk’ A recent OPM Inspector General’s report said that improper payments made under federal employee retirement systems represent a “high risk.” Read the full blog post by clicking below: IG Labels CSRS Improper Payments ‘High-Risk’ The post IG Labels CSRS Improper Payments ‘High-Risk’ appeared first on My Federal Benefits. Source: Federal Benefits Help IG Labels

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7
Dec

Perfect World vs. Real World 401(k)

Perfect World vs. Real World 401(k) Let’s imagine that you’re 25 years of age, and you’re planning to fund your 401(k)… The American Dream. We’ll assume that you’ll start out funding that 401(k) at $5,000 a year. As you make a little more, you’ll increase, we’re going to inflate that by 4%. In other words, as you make more and

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6
Dec

Federal Employee Retirement: Best Day to Retire in 2019 Is Approaching

Federal Employee Retirement: Best Day to Retire in 2019 Is Approaching Earlier this year, we covered the best days for FERS retirement. Because FERS benefits kick in on the first day of the next month, the best days to retire each year are the last days of the month. That’s because those who decide to wait until the second or

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5
Dec

Temporarily Relaxing TSP Hardship Withdrawal Rules

Temporarily Relaxing TSP Hardship Withdrawal Rules The TSP is relaxing hardship withdrawal rules for victims of Hurricane Michael or Hurricane Florence. Here are the details. Read the full blog post by clicking below: Temporarily Relaxing TSP Hardship Withdrawal Rules The post Temporarily Relaxing TSP Hardship Withdrawal Rules appeared first on My Federal Benefits. Source: Federal Benefits Help Temporarily Relaxing TSP

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4
Dec

OPM Addresses How Pay Will Work for Tomorrow’s Holiday

OPM Addresses How Pay Will Work for Tomorrow’s Holiday OPM has provided detailed guidance on pay and leave for the upcoming holiday honoring former President George H.W. Bush. Read the full blog post by clicking below: OPM Addresses How Pay Will Work for Tomorrow’s Holiday The post OPM Addresses How Pay Will Work for Tomorrow’s Holiday appeared first on My

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1
Dec

8 Year-End Financial Tips

8 Year-End Financial Tips Twas a few weeks before Christmas, and all through the house, not a person was over-spending, not even  on decorations for the house. Receipts and bills were paid and filed away with care, in hopes of a fresh financial start to the New Year. Retirement funds were nestled all snug in their accounts, while payments and

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