The Deferred Resignation / Fork in the Road offer forces Federal employees to make a life altering decision in ten days based upon incomplete and sometimes contradictory information. To help employees make their decisions, I researched and found resources about this topic.
Tammy Flanagan’s recent column for Government Executive Magazine can be found here. The article explains what is known, what is not known and what employees can do now.
Also, Tom Temin interviewed Tammy about this on the Federal News Network. The interview and a transcript are available here.
The Washington Post offers two good articles in today’s paper. To read online, you must have a subscription or give the Post your email. Both articles offer a somewhat different approach and are worthwhile.
- Business columnist Michelle Singleterry’s article points out the ways OPM’s email to employees resembles a scam email. The on-line address is here.
- Annie Duke, a decision expert and author, offers a test to help employees make their decision. It is here. I am not sure it is available in the paper.
Chris Kowalik at FedImpact is another good source. Her detailed analysis is available here.
I hope these help.
Disclaimers:
These sources are believed to be reliable, but that is not guaranteed. The details of the proposal may have changed by the time you access the links. The information is probably not a complete summary or statement of all available data necessary for making a decision. Any information provided is for information purposes only and does not constitute a recommendation.
This is for educational purposes only. To learn more about the topics mentioned and if they are suitable for you, consult an appropriate professional. Tax laws can change at any time.
Arthur Stein and Arthur Stein Financial, LLC are not authorized to give legal or tax advice. For information on your specific situation, please consult your tax advisor regarding any tax implications and your attorney for legal implications. As required by the US Treasury Regulations, you should be aware that this presentation is not intended to be used and it cannot be used for the purposes of avoiding penalties under federal tax laws.