...the Federal Retirement Fairness Act (FRFA), legislation to address a gap for federal employees who began their careers as temporary workers and were thus unable to make retirement contributions. The FRFA will allow these workers to make catch-up contributions to ensure they can retire as planned. In the absence of this provision, many face an unfair choice: exit the federal service without complete retirement benefits or delay retirement to achieve full benefits. Before 1989, the Office of Personnel Management permitted federal employees to make catch-up payments, enabling them to compensate for years they didn’t contribute to their retirement accounts. However, this provision was eliminated when the government transitioned to a new federal employee retirement system. ...
Reference: house.gov
Bidenomics | Stocks Sink In April As Inflation Fears Rise
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Stocks Sink In April As Inflation Fears Rise Snippet of Article: "...In
what has become a rare occurrence on Wall Street, the S&P 500 fell
significantly in...