The Voluntary Separation Incentive Payment (VSIP) program is a valuable option for federal employees looking to exit the workforce with financial support. Often referred to as a "buyout," VSIP offers a lump-sum payment as an incentive for federal employees to voluntarily separate from their agency, which can help agencies reduce their workforce numbers in a cost-effective way. https://www.federalpensionadvisors.com/post/voluntary-separation-incentive-payment