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Month: August 2020

Will the Payroll Tax Deferral Apply to Federal Employees?

FedSmith.com author Ian SmithBy Ian SmithAugust 31, 2020 6:58 PM
words 'payroll tax' on a sheet of paper on a desk next to a pen, cash and calculator

It appears some federal employees will have withholding of their payroll taxes deferred under a new executive order. Here’s what we know.

Is Phased Retirement Right For You?

FedSmith.com author Dallen HawsBy Dallen HawsAugust 31, 2020 2:21 PM

Is phased retirement right for you? Here is an overview of how the program works.

NASA Moves to Ensure Planetary Nebulas Are Diverse and Inclusive

FedSmith.com author Ian SmithBy Ian SmithAugust 31, 2020 11:17 AM
Celestial bodies/galaxies/stars in space

NASA said that it is renaming some planetary nebulas in space “as part of its commitment to diversity, equity, and inclusion.”

Illegal Civil Service Appointment Leads to Employee’s Removal

FedSmith.com author Susan McGuire SmithBy Susan McGuire SmithAugust 31, 2020 7:22 AM
Wooden judge's gavel on a desk next to an open book and a stack of law books with glasses on top of them

Favoritism in the selection process for a HUD field office director eventually resulted in removal to “regularize” his illegal appointment.

The Coronavirus Blues

FedSmith.com author Joe SwerdzewskiBy Joe SwerdzewskiAugust 28, 2020 2:22 PM
Man appearing frustrated/sad with his right hand over his face as he looks to the side while holding a sign that says 'COVID-19' in his left hand; a calculator and paperwork are on a table in front of him

How is your life likely to change in a “new normal” world? Are you adapting?

TSP Participants Move Out of Stock Funds Right Before Record Highs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 28, 2020 8:39 AM
Rolled up $100 bill showing the face of Benjamin Franklin wearing a face mask standing upright next to a vertical stack of gold coins

COVID-19 has had an impact on TSP actions and decisions by TSP investors.

Report: Nearly Half of Postal Service Employees Had ‘Unauthorized Overtime’ Last Year

FedSmith.com author Ian SmithBy Ian SmithAugust 27, 2020 3:46 PM
Mailbox filled with cash overflowing from the front of it pictured against a solid white background

An IG report found that the Postal Service has a growing problem with costs stemming from what it calls “unauthorized overtime.”

Time is Running Out to Replace Your RMD

FedSmith.com author John GrobeBy John GrobeUpdated: August 28, 2020 7:21 AM
Close up of the face of a $100 bill with Benjamin Franklin pictured wearing a surgical face mask; a pocket watch sits on top of the $100 bill to the right of Franklin's photo

Required minimum distributions were suspended under the CARES Act, but if you already took one and want to replace it, it must be done before it’s too late.

Report: Agencies Can Take Their Own Actions to Improve Hiring

FedSmith.com author Ian SmithBy Ian SmithUpdated: August 28, 2020 11:08 AM
Illustration depicting employees working together remotely on a project - a laptop computer pictured in the center with person icons surrounding it

A new report says that although the federal government has a cumbersome hiring process that needs revamping, agencies can take their own actions to make bolster recruiting.

The Problem With Having No Life Insurance

FedSmith.com author Brad BobbBy Brad BobbAugust 26, 2020 12:08 PM
Words 'life insurance' printed at the top of a sheet of paper on a clipboard with a pen sitting on top of it; clipboard is lying on a desk next to a book and stack of cash

Do you need life insurance in retirement? These are some important considerations.

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Daily TSP Rates

April 23, 2021

Fund Last % YTD
G Fund $16.5693 0.00% +0.37%
F Fund $20.6910 -0.05% -2.38%
C Fund $62.5044 +1.10% +11.79%
S Fund $83.7837 +1.78% +12.91%
I Fund $38.2465 +0.50% +8.08%
L Income $22.8332 +0.22% +2.49%
L 2025 $11.7170 +0.45% +4.99%
L 2030 $41.2269 +0.59% +6.32%
L 2035 $12.3677 +0.64% +6.90%
L 2040 $46.7523 +0.70% +7.51%
L 2045 $12.7977 +0.75% +8.02%
L 2050 $28.0139 +0.81% +8.55%
L 2055 $13.7265 +0.98% +10.59%
L 2060 $13.7264 +0.98% +10.59%
L 2065 $13.7263 +0.98% +10.59%
Get detailed TSP data at TSPDataCenter.com

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