Pay & Benefits

New Locality Pay Areas Proposed

By on July 10, 2020 in Pay & Benefits with 0 Comments
New Locality Pay Areas Proposed

OPM is proposing to add Des Moines, IA and Imperial County, CA to the locality pay area system.

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Will There Be a Pay Raise for Federal Employees? Delving into the Morass

By on July 8, 2020 in Pay & Benefits with 0 Comments
Will There Be a Pay Raise for Federal Employees? Delving into the Morass

Where do we stand on approval of a pay raise in 2021 for the federal workforce?

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Leaving Federal Employment Before You Are Eligible to Retire

By on July 7, 2020 in Pay & Benefits with 0 Comments
Leaving Federal Employment Before You Are Eligible to Retire

What happens to your federal benefits if you leave before you are eligible to retire?

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What are the Highest Rated Federal Employee Benefits?

By on July 6, 2020 in Pay & Benefits with 0 Comments
What are the Highest Rated Federal Employee Benefits?

What do federal employees think of their benefits? OPM has released its latest survey results.

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Federal Employees Have a Limited Window to Make Mid-Year Changes to FSAFEDS Elections

By on July 1, 2020 in Pay & Benefits with 0 Comments
Federal Employees Have a Limited Window to Make Mid-Year Changes to FSAFEDS Elections

Federal employees have a 60-day window to make mid-year changes to their elections under the FSAFEDS program.

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Which TSP Fund Up 8.65% in 12 Months?

By on July 1, 2020 in Pay & Benefits with 0 Comments
Which TSP Fund Up 8.65% in 12 Months?

How did the TSP funds perform in June? The best performing fund in the last year may surprise you.

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Should We Tap Into Our TSP to Pay Off Debt Using the Special Coronavirus Distribution Rules?

on June 30, 2020 in Pay & Benefits with 0 Comments

A federal employee asks, "...provided I qualify to make the COVID-related withdrawal, would it be foolish to withdraw $40,000 from my Thrift Savings Plan (not as a loan but as a withdrawal) and spread the income tax out over three years to be debt free (aside from my house and student loans)?"

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Federal Employees Have it Good

By on June 29, 2020 in Pay & Benefits with 0 Comments
Federal Employees Have it Good

Federal employees may not always think of themselves as lucky, but as the author points out, there are some perks to being a member of the federal workforce.

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Will You Be Using the New L Funds?

By on June 28, 2020 in Pay & Benefits with 0 Comments
Will You Be Using the New L Funds?

Do you plan to utilize the new L Funds when they take effect this week? Share your feedback in this short survey.

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New L Funds Launching July 1

By on June 22, 2020 in Pay & Benefits with 0 Comments
New L Funds Launching July 1

A variety of new L Fund options are coming soon to the TSP.

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