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Agency News

Current news impacting federal agencies and the federal employees who work at them.

IRS Rarely Punishes Tax Delinquent Federal Employees

FedSmith.com author Ian SmithBy Ian SmithMarch 15, 2023 7:44 AM Categories Agency News Leave a comment
Federal employee tax delinquency rates from FY 2015 - FY 2021

A recent IG report found that the number of tax delinquent federal employees is growing, but the IRS has put little effort into pursuing them.

Federal Agencies Have 30 Days to Eliminate TikTok From Government Devices

FedSmith.com author Ian SmithBy Ian SmithFebruary 28, 2023 12:33 PM Categories Agency News Leave a comment
Smartphone on a wireless charge displaying the TikTok logo on its screen

The White House gave federal agencies 30 days to get TikTok off of government issued devices used by federal employees.

Biden Directs Federal Agencies to Advance “Racial Equity”

FedSmith.com author Ian SmithBy Ian SmithFebruary 18, 2023 11:17 AM Categories Agency News Leave a comment

President Biden has issued an executive order directing federal agencies to advance racial equity.

USPS Plans Crack Down on Counterfeit Postage

FedSmith.com author Ian SmithBy Ian SmithFebruary 16, 2023 7:08 AM Categories Agency News Leave a comment

Anyone who buys goods online will want to pay attention to a proposed rule change from the Postal Service targeting counterfeit postage.

Whistleblower Complaint Reveals Flaws in Assessing Harmful Tobacco Products

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 19, 2022 7:00 AM Categories Agency News Leave a comment

A whistleblower complaint led to an investigation and changes in how the FDA evaluates the use of some tobacco products.

USPS Reports Both a Loss and a Gain in FY 2022 Financial Results

FedSmith.com author Ian SmithBy Ian SmithNovember 10, 2022 2:41 PM Categories Agency News Leave a comment

The financial impact of the Postal Service Reform Act skewed the 2022 USPS financial results. Inflation also continues to weigh heavily on the agency.

How Many Agencies Were Working to Implement Schedule F Before It Was Revoked?

FedSmith.com author Ian SmithBy Ian SmithSeptember 30, 2022 9:38 AM Categories Agency News Leave a comment

A new GAO report details how many agencies planned to implement Schedule F before it was revoked.

VA to Begin Offering Abortions in Certain Cases

FedSmith.com author Ian SmithBy Ian SmithSeptember 2, 2022 3:11 PM Categories Agency News Leave a comment

For the first time in the agency’s history, the VA will begin offering abortion services in certain cases, even in states where it is not legal.

David Jones Resigns from FRTIB

FedSmith.com author Ian SmithBy Ian SmithSeptember 1, 2022 4:28 PM Categories Agency News Leave a comment

One of the Board members on the FRTIB has resigned effective later this month. The agency will still continue to operate as normal.

Rising 2022 Inflation Adds to USPS Q3 Losses

FedSmith.com author Ian SmithBy Ian SmithAugust 10, 2022 12:18 PM Categories Agency News Leave a comment

Despite aid from the Postal Service Reform Act, USPS 2022 third quarter financial performance was strained due to rising 2022 inflation.

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Daily TSP Performance

March 20, 2023

Fund Last % YTD
G Fund $17.3808 +0.03% +0.84%
F Fund $18.6769 -0.48% +2.58%
C Fund $60.8596 +0.89% +3.32%
S Fund $62.3656 +0.93% +1.36%
I Fund $35.1497 +1.25% +3.56%
L Income $23.2062 +0.25% +1.56%
L 2025 $11.6407 +0.38% +1.90%
L 2030 $40.0180 +0.59% +2.41%
L 2035 $11.8905 +0.65% +2.56%
L 2040 $44.5436 +0.70% +2.69%
L 2045 $12.0844 +0.75% +2.81%
L 2050 $26.2495 +0.80% +2.92%
L 2055 $12.6524 +1.01% +3.17%
L 2060 $12.6512 +1.01% +3.18%
L 2065 $12.6497 +1.01% +3.18%
Get detailed TSP data at TSPDataCenter.com

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