Benefits Newsletters

Latest Newsletter: November, 2019

Tue, Nov 12th 2019, 10:03am

The Federal Benefits Open Season runs November 11 – December 9, 2019.  Don’t miss this opportunity!  If you plan to make an Open Season election, now is the time to do it.  Unless you experience a Qualifying Life Event during the year, the annual Open Season is your only opportunity to enroll, cancel your enrollment, or make a change to your enrollment for the participating programs. 

For detailed information about the Benefits Open Season, view the Open Season Announcement.   

Tue, Nov 12th 2019, 10:06am

Do you have questions about the available plans?  Know your options!  Mark your calendar and make plans to attend one of the Open Season Fairs.  You’ll have an opportunity to speak directly with the plan experts to get answers to your questions.   No registration is required.  The fairs are as follows:     

Tue, Nov 12th 2019, 10:12am

Fall Open Enrollment for the NIH Leave Bank will run November 11 – December 9, 2019. The membership period will begin on January 5, 2020.  Enrollment in the Leave Bank is open to all NIH Federal employees.

The Leave Bank is a pooled bank of donated leave available to eligible members.  It acts like insurance for your paycheck and amounts to paid leave for members who have exhausted all of their own sick and annual leave and are affected by a personal or family medical condition.

Tue, Nov 12th 2019, 10:20am

The 2020 IRS annual limit for regular TSP contributions will increase to $19,500.  If you are covered by the Federal Employees Retirement System (FERS, FERS-RAE, or FERS-FRAE), you will lose valuable matching Agency TSP contributions, if you reach the annual limit before the end of the calendar year.  If you want equal contributions deducted over the course of the 2020 calendar year (for 26 pay periods) that will equate to $19,500, you should contribute $750 each pay period.  If you are currently contributing a lesser or higher bi-weekly amount, you should enter your new el

Tue, Nov 12th 2019, 10:23am

The new 2020 IRS annual limit for TSP Catch-up contributions is $6,500.   In addition to regular TSP contributions, you may also make TSP Catch-up contributions , if you meet the following criteria:  1) you are age 50 or over (or will be age 50 during 2020); 2) you are in pay status; AND 3) you are contributing an amount towards your regular TSP which will cause you to reach the $19,500 IRS limit by the end of the 2020 calendar year.    

Tue, Nov 12th 2019, 10:25am

Beginning in December 2019, you must validate your contact information and use a two-step authentication to use the “My Account” feature on the TSP website.  You can avoid interruption to your TSP account access by adding these security features in your My Account Profile Settings now.  Two-step authentication helps protect your TSP account against fraud.

Tue, Nov 12th 2019, 10:27am

Do you have questions about the terms on your Leave and Earnings Statement (LES)?