USPS temporarily suspends payments to Federal Employees Retirement System (FERS)

April 9, 2026 The Postal Service has informed the Office of Personnel Management (OPM) of its intention to temporarily suspend its employer’s contributions for the defined benefit portion of the Federal Employees Retirement System (FERS) to conserve cash and preserve liquidity due to its ongoing, severe financial crisis. “There will not be any immediate detrimental … Read more

Retirement reminder: TSP catch-up deadline approaching

The Postal Service is reminding employees that the deadline to make Thrift Savings Plan (TSP) catch-up contributions effective for the first pay period of 2017 is Jan. 4 at 4 p.m. EST. There is no open season for TSP. Employees can make or change TSP elections at any time during the year. In 2017, employees … Read more

Video: The Biggest Federal Employee Retirement Mistake

Federal employees make a LOT of mistakes when it comes to retirement. Actually, let me rephrase that, Federal Employees Everybody makes a LOT of mistakes when it comes to retirement. It’s true, mistakes being made regarding retirement is not exclusive to federal employees. There are constantly new, news stories being published that make this point … Read more