News on Federal Financial Planning and Retirement from Federal Daily


Senate panel approves domestic partnership benefits bill

The Senate Homeland Security and Governmental Affairs Committee on May 16 advanced legislation that would entitle federal employees in same-sex domestic partnerships to the same benefits now available to married federal employees.

House's federal retirement contribution measure draws heavy flak

The passage of a House bill that includes a measure to compel federal employees to contribute an additional 5 percent of salary to retirement has drawn a strong reaction from federal employee groups.

House OKs measure to raise employee contribution to retirement

The House on May 10 passed a budget reconciliation package that includes a measure to require federal employees to pay an additional 5 percent of salary toward retirement.

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Roth option piques interest of Thrift Savings Plan investors

The rollout of the long-awaited TSP Roth option on May 7 has introduced a whole new dimension to investing in the TSP.

Panel advances measure to increase feds' contributions to retirement

The House Budget Committee on May 7 advanced a budget reconciliation package that includes a measure to require federal employees to contribute an additional 5 percent of salary to retirement.

Roth TSP debuts: Information and tips for federal employees

The Thrift Savings Plan Roth option launched May 7. Certified Financial Planner Edward A. Zurndorfer offers some information and tips to help federal employees understand how the new option works.

April retirement claims lower than OPM projections

Fewer federal employees than expected filed retirement claims in April, making it the first month this year in which actual claims filed were less than Office of Personnel Management projections.

Most TSP participants satisfied with plan

While the phased rollout of the Thrift Savings Plan Roth option in certain departments and agencies may rankle some plan participants, recently released poll findings show that most feds nonetheless are keen on the TSP.

Social Security statements now available online

The Social Security Administration on May 1 announced that workers now can get access to their Social Security statements online.