In a letter to House Democrats, OPM Director Scott Kupor touted the benefits of a new online platform in streamlining the ...
Key Takeaways The percentage of employees in 2024 who took out a hardship withdrawal from their retirement account more than doubled compared to 2018.The costs of emergencies also continue to rise, ...
Explore Employer Matches, including its definition, plan types, and pros & cons. Discover strategies for maximizing employer ...
Democratic lawmakers are pressing OPM for answers on how it plans to address delays in federal retirement processing, amid a major application surge this year.
More Americans are turning 65 in 2025 than any year before. That trend is set to continue through 2027. As millions of ...
The United States government's Deferred Resignation Program 2.0 (DRP 2.0), is a voluntary program that lets federal employees resign in advance but still get paid and keep benefits until September 30, ...
The Labor Department’s Employee Benefits Security Administration shifted dramatically in 2025 as the Trump administration ...
Lack of retirement preparedness is prompting employee interest in financial wellness, Qualified Plan Advisors found in its annual wellness report. Most employees are not on track to meet their ...
It has been a little more than 11 years since Congress enacted the Moving Ahead for Progress in the 21st Century Act, creating a new phased retirement option for certain employees covered by the Civil ...
Open enrollment is one of the few moments each year when employees actively engage with their benefits—and when employers ...
A global tool manufacturer faces proposed class action claims that the company failed to properly maintain its 401(K) savings plan, ignoring allegedly low-performing investment options that should ...
Benefits-eligible service and support staff members hired before September 9, 2013 are covered by the Indiana Public Employees' Retirement Fund (PERF). University-funded contributions begin ...