One of the most common questions that we receive is whether an employee can change their benefits elections after the plan year has already started (also referred to as a mid-year change). The answer ...

In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension ...

If you think about it, the survivor benefit election under the “Annuity Election” section of the FERS (or CSRS) retirement application is a form of insurance. You are “paying a premium” that is equal ...