NATCA Bookshelf

National Office Week in Review: May 11, 2016

A publication of the National Air Traffic Controllers Association

Issue link: http://natca.uberflip.com/i/679314

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To see the item and how to order: Click here . Selec t USPS or UPS as your shipping preference on your orders. Reminder: Apparel items take 3 - 4 weeks to deliver from date of order. If you need items by a certain date, please contact NATCA Store cust omer service for arrangements. Expedited shipping charges ma y apply. To check on stock availability or for further assistance, call 800.266.0895 or email natcastore@natcadc.org . BENEFITS SPOTLIGHT: Car Rentals Do you have a business trip or vacation coming up, and fin d yourself in need of a rental car? Let Union Plus mak e the decision easier for you. Your membersh ip in NATCA earn s you up to a 25 percent discount on a variety of vehicles, plus you also get to support your fellow union brothers and sisters who work for A lamo, Avis, Budget, Hertz , an d National. Discounts are also available from Enterprise, Dollar , and Thrifty. Click on www.unionplus.org/autos - cars/rental - car - discounts and start your d rive to save today. CAMBRIDGE CORNER Before employees decide how to receive the money in their Thrift Savings Plan (TSP) accounts, they are encouraged to understand how TSP withdrawals are t axed. While the TSP Service Office can assist TSP participants wi th withdrawals from their accounts, t hey cannot provide tax advice. TSP participants are therefore encouraged to speak with a tax professional before making any withdrawal decisions. In general, the tax treatment of a TSP participant ' s payment from their T SP account depends on the type in one ' s TSP account - traditional, Roth, or both. A participant ' s traditional (non - Roth) balance is made up of all employee contributions that have been designated as traditional when the participant made his or her election , as well as the ea rnings on those contributions. For those employees covered by the Federal Employees Retirement System (FERS) it also includes the employee ' s agency automatic (1 percent) contributions, as well as any matching contributions made to the em ployee 's account. Earnings on agency automatic and matching contributions are also part of a traditional (non - Roth) balance. A participant ' s Roth balance is made up of all employee contributions that were designated as Roth when the participant made the el ection and e arnings on those contributions. Earnings on all Roth contributions are tax - free when withdrawn provided certain Internal Revenue Service (IRS) rules are met. Call 888 - 900 - 4690 or click HERE for more in formation on how Cambridge Financial Partners can help you. Upcoming Retirement Seminars Provided By 4 Square : NATCA Area Mid/Late Career Workshop 3PM - 9PM C.O.R.E Early Career Workshop 9AM - 3PM Olathe, Kan. 17 - May 18 - May Virginia Beach, Va. 31 - May 1 - Jun Chicago (Region X) 7 - Jun 8 - Jun Chicago 9 - Jun 10 - Jun Boise 14 - Jun 15 - Jun D.C. Area 21 - Jun 22 - Jun Cleveland 26 - Jul 27 - Jul

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