The "Instructional Guidebook for avoiding TSP and FEGLI Mistakes" has been reserved for you. The information includes explanations of insurance benefits and TSP changes.

Click here to request your copy.

(This service is available to current and retired federal employees only).

TSP

3/1/20: COVID-19 TSP Tax Relief

1/1/20: Secure Act Becomes Law

9/15/19: TSP Modernization Act goes into effect

3/13/15: Treasury again tapping TSP federal retirement fund for debt ceiling relief

9/10/15: NTEU leads effort to keep Congress' hands off the TSP

TSP-75 and TSP-99 currently allows employees to transfer part or all of their balance to an IRA

FEGLI

FEGLI Option B premium costs increase a total of 1700% from age 35 to 65

FEGLI Basic option benefit can be reduced by up to 75%

FEGLI Benefits will not provide for illness or disability

FEGLI Will not accumulate any cash value

FEGLI Extra benefit expires when the employee reaches the age of 45


681 Silver Bluff Rd
Aiken, SC 29803-4709

Palmetto Financial & Ins Services is not a government agency and does not provide investment, tax or legal advice. You may be contacted by a licensed representative.