💰New Regulations on TSP Loan Reamortization Impacting Federal Employees
The Federal Retirement Thrift Investment Board (FRTIB) is amending a regulation to require the Thrift Savings Plan (TSP) record keeper to combine the accrued interest with the outstanding principal when reamortizing a loan.
Learn More📈Regulation on Correction Methods for Retired Lifecycle Funds
The Federal Retirement Thrift Investment Board (FRTIB) amends its regulation regarding the method for correcting errors involving Lifecycle Funds that no longer exist. Specifically, it reverts to the use of a constructed share price to calculate breakage and the value of negative adjustments for errors involving Lifecycle Funds that no longer exist as of June 1, 2022.
Learn More🦷OPM Seeks Public Comments on Federal Employees Dental and Vision Insurance Program
The Office of Personnel Management (OPM) offers the general public the opportunity to comment on an information collection request (ICR): 3206-0272, Federal Employees Dental and Vision Insurance Program (FEDVIP) Enrollment System. As required by the Paperwork Reduction Act, OPM is soliciting comments for this collection.
Learn More💰Final Rule on Late Contributions
The Federal Retirement Thrift Investment Board (FRTIB) adopts as final, without changes, the proposed rule permitting the TSP record keeper to calculate gains and losses on late contributions, makeup contributions, loan payments even when the total amount on a late payment record or total agency contributions on a current payment record is less than $1.00.
Learn More