Category: Federal Employee Benefits

In October of last year, there were slight changes to the amount agencies contribute to the Federal Employee Retirement System (FERS). Employees and the US government fund the rest.

• Which federal employees are eligible for the Federal Employee Group Life Insurance (FEGLI) program? • What to know about dropping and adding FEGLI coverage. • When should feds look…

TSP’s low expense ratios saw a significant uptick starting in 2018. Now the net expense ratio is at its lowest point since before 2020, but still well above 2019 levels.

Thrift Savings Plan Monthly Update for January 2024, by Jennifer Meyer, CFP®, ChFEBC℠, AIF®

• The FAIR Act has been introduced – pushing for a 7.4% raise for feds. • This is the first indicator of the 2025 pay raise until the white house…

• A basic overview of FEGLI and how it works- • Understanding what happens to FEGLI after retiring from federal service • One thing to avoid – don’t drop coverage…

• Everything you need to know about the change coming in 2026 thanks to the SECURE Act 2.0 • The good, the bad, and the ugly – we take a…

• Understanding deferred and postponed FERS retirement and retiring early. • What is the cost of 2 extra years of working? (60 vs. 62) • Learn more about age reduction…

Start 2024 off right by focusing on a better financial future. Here are some steps you can take now, by STWS Advisor Jennifer Meyer, CFP©

• Learn the importance of managing income in the first several months after retiring from the federal government • Expanding the gap between TSP withdrawals and why you need a…