200. New Year Fed Finance Chat -- TSP Limits; Social Security Fairness Act Passes (CSRS employees/retirees)

FedUpward Podcast - Tips for Federal Government Employees

Certified financial planner Brian Sigwart joined me on the podcast to discuss the elimination of the windfall provision, whichi limited CSRS employee social security benefits. (If you're a FERS employee, this won't impact you.) He also explains what you should be thinking about as we kick off a new calendar year (update your TSP contributions folks). Catch up contributions for folks of specific ages changed this year. You cna get more details here.

A WEP explainer:

https://www.ssa.gov/policy/docs/program-explainers/windfall-elimination-provision.html

Biden signed the bill:

https://www.psrs-peers.org/About-Us/News/2025/01/06/president-biden-signs-social-security-fairness-act--repeals-wep-and-gpo

Brian Sigwart's contact information:

Schedule a call with Brian here.

Brian Sigwart CFP® , RICP ®

CERTIFIED FINANCIAL PLANNER™ Professional

Financial Services Representative

11350 McCormick Road,

Executive Plaza IV, Suite 200

Hunt Valley, MD 21031

T: [phone] Calls & Voicemails only

T: [phone] Text only

F: [phone]

[e-mail]

http://www.caafg.com/