4 Ways to Optimize Your Savings and Investments in 2024
These are some ways federal employees can plan for financial success for the coming year.
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
These are some ways federal employees can plan for financial success for the coming year.
How do the monthly TSP returns look to start 2024? Despite a big drop on the last day, most TSP Funds showed a positive return in January.
Publicity about problems with the TSP may have unnerved some TSP investors. Here is how “lost” TSP money is handled.
Legislation has been introduced to set the 2025 federal pay raise for federal employees at 7.4%.
OPM is placing restrictions on the use of salary history to ensure equitable pay outcomes for newly hired federal employees.
Is FEGLI the best life insurance for you? These are some considerations for federal employees weighing the decision.
The stock market rally in 2023 led to a record setting increase in the number of TSP millionaires.
L Fund investments are increasing in the TSP. CSRS participation is declining as these investors age. More federal employees now getting the full match.
This colorful chart is a visual aid to help federal employees diversify their TSP investments for retirement.
The average federal salary now tops $100,000—not including the 5.25% average pay raise in 2024. Most federal employees are now in a locality pay area.