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Pay & Benefits

Lawmakers Want a 3.2% Pay Raise for Federal Employees in 2022

By Ian SmithUpdated: January 22, 2021 1:47 PM
Bag of money with a green dollar sign ($) on it surrounded by several piles of cash against a solid white background

Two lawmakers are calling for a 3.2% pay raise for federal employees in 2022.

What Does Dave Ramsey Say About the TSP?

By Dallen HawsUpdated: January 22, 2021 9:30 AM
White piggy bank labeled 'TSP' sitting on top of a book on a desk next to cash and a calculator

What does Dave Ramsey have to say about the TSP? The author lists his most common advice to federal employees and also provides some of his own thoughts.

50 Years of Federal Pay: Democrats v. Republicans

By Ralph R. SmithJanuary 10, 2021 1:31 PM
Old style alarm clock and stacks of coins pictured in front of a city skyline

How have pay raises for federal employees fared under each political party in the last half-century?

2020’s Bull Market Leads to More Federal Employee Millionaires

By Ian SmithJanuary 6, 2021 2:08 PM
Illustration of bags and piles of money growing in size from left to right with a rising trend line arrow above them depicting growing savings/wealth for retirement

2020’s bull market has been good to the federal employees who have consistently invested in the TSP.

Higher Annual Leave Carryover Now in Effect

By Ian SmithJanuary 6, 2021 8:32 AM
Illustration of a person writing on a notepad labeled 'annual leave' at the top with a passport and calendar on a desk next to it

Certain federal employees are now eligible to carry over greater amounts of annual leave from last year.

Changes in Pay Rates for Federal Employees

By Ralph R. SmithJanuary 4, 2021 11:55 AM
Spread of $100 bills pictured on a light blue background

President Trump’s Executive Order on 2021 pay impacts a number of federal employee pay schedules.

Why Financial Advisors Shouldn’t Tell You How to Invest in the TSP

By Dallen HawsJanuary 4, 2021 8:33 AM
Two businessmen reviewing spreadsheets and reports on a laptop at a desk

Is there a way that all federal employees should invest in the TSP? The author illustrates why the answer to this is not so simple.

Did Your TSP Fund Go Up 31.85% in 2020?

By Ralph R. SmithJanuary 1, 2021 10:03 AM
A bull and a bear wearing surgical masks look at a falling financial chart with images of coronavirus cells overlaid on top of the chart

Despite a pandemic, closing schools and businesses and economic decline, the stock market soared.

Mileage Rates Cut Again in 2021

By Ian SmithJanuary 1, 2021 7:25 AM
Close up of the speedometer and gas gauge in a car's dashboard

Federal employees who travel for work will see a lower mileage reimbursement rate in 2021.

Federal Employees’ 2021 Pay Raise Finalized

By Ralph R. SmithUpdated: January 1, 2021 9:45 AM
2021 number on wood blocks on top of vertical stacks of coins growing in size from left to right - 2021 pay raise

After an unusual series of events, federal employees now have a final answer on what their 2021 pay raise will be.

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Daily TSP Rates

January 22, 2021

Fund Last % YTD
G Fund $16.5166 0.00% +0.05%
F Fund $21.0380 +0.03% -0.75%
C Fund $57.2283 -0.30% +2.35%
S Fund $79.6030 +0.55% +7.28%
I Fund $36.2547 -0.46% +2.45%
L Income $22.4267 -0.05% +0.67%
L 2025 $11.3188 -0.11% +1.43%
L 2030 $39.4765 -0.14% +1.80%
L 2035 $11.7987 -0.15% +1.98%
L 2040 $44.4321 -0.16% +2.17%
L 2045 $12.1251 -0.17% +2.34%
L 2050 $26.4545 -0.18% +2.50%
L 2055 $12.7971 -0.22% +3.10%
L 2060 $12.7972 -0.22% +3.10%
L 2065 $12.7973 -0.22% +3.10%
Get detailed TSP data at TSPDataCenter.com

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