Pay & Benefits

How TSP Planning Changed for Public Safety Officers

By on March 28, 2017 in Pay & Benefits, Retirement with 0 Comments

Special Provisions federal employees who have a mandatory retirement age face unique retirement planning challenges, but fortunately there is a relatively new TSP law that can help.

Continue Reading »

Legislation Would Ban Bonuses for Some Federal Employees

By on March 23, 2017 in Pay & Benefits with 0 Comments
Legislation Would Ban Bonuses for Some Federal Employees

Recently introduced legislation would prohibit federal agencies from paying bonuses to federal employees who commit serious infractions under their agency’s code of conduct.

Continue Reading »

Is the TSP TOO Cheap?

By on March 23, 2017 in Pay & Benefits with 0 Comments
Is the TSP TOO Cheap?

The author says that one of the TSP’s greatest strengths (its low costs) can also be one of its greatest weaknesses.

Continue Reading »

‘In-Service’ Withdrawals and Your TSP

By on March 21, 2017 in Pay & Benefits with 0 Comments
‘In-Service’ Withdrawals and Your TSP

Federal employees are allowed to withdraw money from the Thrift Savings Plan while still working for two reasons: financial hardship and age. The author explains how these withdrawals work.

Continue Reading »

Government Begins Borrowing from the G Fund to Offset Debt Ceiling

By on March 21, 2017 in Pay & Benefits with 0 Comments
Government Begins Borrowing from the G Fund to Offset Debt Ceiling

The Treasury Department is having to use “extraordinary measures” to offset hitting the debt ceiling, and that includes using money from the G Fund to help pay for government operations.

Continue Reading »

1.9% Pay Raise Proposed for Federal Employees

By on March 20, 2017 in Pay & Benefits with 0 Comments
1.9% Pay Raise Proposed for Federal Employees

A 2018 federal employee pay raise of 1.9% is to be proposed according to new reports.

Continue Reading »

Legislation Would Provide Pay Parity for Wage Grade Federal Employees

By on March 20, 2017 in Pay & Benefits with 0 Comments
Legislation Would Provide Pay Parity for Wage Grade Federal Employees

Recently introduced legislation aims to provide pay parity between any raises given to General Schedule and Wage Grade federal employees.

Continue Reading »

Five Tips to Maximize Your TSP Savings

By on March 15, 2017 in Pay & Benefits with 0 Comments
Five Tips to Maximize Your TSP Savings

Are you taking full advantage of the Thrift Savings Plan to save for your retirement? The author provides some simple tips to help you maximize your savings.

Continue Reading »

OPM Announces New Tuition Discounts for Federal Employees

By on March 14, 2017 in Pay & Benefits with 0 Comments
OPM Announces New Tuition Discounts for Federal Employees

The Office of Personnel Management has announced academic agreements with four new schools to provide tuition discounts and/or scholarships to federal employees.

Continue Reading »

How High Are Income Taxes in Your State?

By on March 14, 2017 in Pay & Benefits with 0 Comments
How High Are Income Taxes in Your State?

A new report from the Tax Foundation provides a detailed breakdown of income taxes in each state.

Continue Reading »

Top