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6:02 pm, July 29, 2014

Pay and Benefits News

TSP 'attack': Was it phish or foul?

About that cyber "attack" on the Thrift Savings Plan, was it a case of phish or foul? Check out Senior Correspondent Mike Causey's column for more details.

Tuesday - 03/18/2014, 02:00am EDT

Whom can you trust?

Marc Levine, of Handler and Levine LLC, offers advice on how to choose your trustees, powers of attorneys and executors.
March 17, 2014

Monday - 03/17/2014, 09:24pm EDT
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Investing for the long haul: a 4-point plan

In time, federal and postal employees may be the only American workers with a guaranteed pension plan, Senior Correspondent Mike Causey says. The wild card for feds is how, and how much, to invest in the TSP. So what's your plan?

Monday - 03/17/2014, 02:00am EDT

Tammy Flanagan, National Institute of Transition Planning

A pop quiz coming to make sure your retirement's on track.

Friday - 03/14/2014, 06:46pm EDT
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What can USPS learn from TRICARE in funding retiree health care costs?

As lawmakers consider efforts to shore up the Postal Service's financial footing, there's still widespread disagreement over whether the current requirement for the agency prefunding requirement is fiscally responsible, as Rep. Blake Farenthold (R-Texas) argued during a House Oversight and Government Reform subcommittee hearing Thursday, or an "onerous mandate" only required of the Postal Service, as Rep. Stephen Lynch (D-Mass.) contended.

Friday - 03/14/2014, 02:48pm EDT

TSP Tip: Pain is a sign you are doing something right!

Here's a TSP tip for you: If it hurts when you invest, you must be doing something right. But be careful how you treat the pain, Senior Correspondent Mike Causey says. No pain, no gain may be more than just a slogan.

Wednesday - 03/12/2014, 03:31am EDT

House committee OKs bill making TSP's L Funds the default for new hires

New Thrift Savings Plan participants would be automatically enrolled in an age-appropriate Lifecycle Fund -- instead of the G Fund -- under a bill set to be debated Wednesday by the House Oversight and Government Reform Committee. The Smart Savings Act, introduced by the committee's chairman, Rep. Darrell Issa (R-Calif.), is supported by the Federal Retirement Thrift Investment Board.

Tuesday - 03/11/2014, 04:14pm EDT

Estate planning and powers of attorney

Thomas J. O'Rourke, an attorney from Miles and Stockbridget, P.C., answer your calls and emails about estate planning, and changes in the laws governing powers of attorney.
March 10, 2014

Monday - 03/10/2014, 09:34pm EDT
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Good news, bad news, on the pay front

Looking for a bigger paycheck? If you work for Uncle Sam, there is good news, bad news and some bittersweet news, Senior Correspondent Mike Causey says.

Friday - 03/07/2014, 02:00am EST

Pentagon, Senate lawmakers already at odds over 2015 budget cuts

DoD's cost savings proposals for 2015 and beyond include something for every lawmaker to hate. The process of selling the budget on Capitol Hill officially kicked off Wednesday, and the reception was not exceptionally warm.

Thursday - 03/06/2014, 04:12am EST
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Pentagon seeks new out-of-pocket charges for TRICARE beneficiaries

Family members of active duty service members and military retirees would see new fees under the Defense Department's proposal to consolidate TRICARE plans, as part of the fiscal 2015 budget request sent to Congress Tuesday.

Wednesday - 03/05/2014, 03:51am EST
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White House budget aims to boost federal employee pay, training

The White House's fiscal 2015 budget proposal released Tuesday aims to boost funding for federal-employee training, which has been hard hit by across-the-board sequestration cuts in recent years. The budget also proposes a 1 percent pay increase for federal employees and leaves untouched federal retirement programs.

Tuesday - 03/04/2014, 04:39pm EST

Strong stock market boosts TSP returns in February

After a rocky start to the year, fund performance for the Thrift Savings Plan rebounded last month. A strong February on Wall Street helped fuel across-the-board gains in all five of the TSP's regular funds, according to statistics released Tuesday by the Federal Retirement Thrift Investment Board.

Tuesday - 03/04/2014, 11:14am EST

Financial awareness NOW!

Host Bob Leins and Certified Financial Planner Karen Schaeffer answer your calls and emails on what to do now to protect your financial assets in the future.
March 3, 2014

Monday - 03/03/2014, 08:41pm EST
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Monday quiz: Which feds are more equal than others?

How can three nearly identical feds the same age, same agency, same grade and same job get paychecks of different amounts? Hint: Some feds are more equal than others, Senior Correspondent MIke Causey says.

Monday - 03/03/2014, 02:00am EST

Bieber, Beyonce or buyout: What are your odds?

Given the choice, would you choose a date with Justin Bieber, an evening with Beyonce or a $25,000 buyout? Given the odds, chances are you will never have to make a choice, Senior Correspondent Mike Causey says. But be prepared...

Friday - 02/28/2014, 02:00am EST

Are you sleeping with the frenemy?

Unrequited love can, in and of itself, be romantic. But it can also be painful and costly, Senior Correspondent Mike Causey says. So, is it time for federal unions to reevaluate their long-time relationship with politicians?

Thursday - 02/27/2014, 02:00am EST

Key Senate panel to probe federal pay, morale issues

The Senate subcommittee with oversight of the federal workforce will take up the issue of federal-employee compensation and sinking employee morale. Sen. Jon Tester (D-Mont.), the subcommittee chairman, said at the National Treasury Employees Union's annual legislative conference that the hearing would focus, in part, on making sure federal pay stays competitive with the private sector.

Wednesday - 02/26/2014, 06:39pm EST

What's ahead for feds in 2014?

Federal Times writers Andy Medici and Sean Reilly and NARFE legislative director Jessica Klement will talk about some of the issues affecting feds in 2014.
February 26, 2014

Wednesday - 02/26/2014, 05:48pm EST
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What happens when you order steak and get Spam cutlets?

When you are expecting a big expensive wedding cake and somebody brings you a single Twinkie it can strain the relationship. That's sort of the situation today between federal and postal unions and the White House, Senior Correspondent Mike Causey says.

Wednesday - 02/26/2014, 02:00am EST
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