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Pay & Benefits

Get the latest federal employee pay news, including updates on federal pay raises, GS pay scale changes, locality pay, and federal compensation policy. Stay informed on TSP news, TSP fund performance, contribution limits, and investment updates. This category also covers FEHB premiums, FEGLI rates, FEDVIP dental and vision benefits, and major OPM policy changes, federal workforce legislation, and other developments that impact federal employee pay, benefits, and take‑home compensation.

How is Modified Adjusted Gross Income Calculated?

FedSmith.com author John GrobeBy John GrobeDec 8, 2017 10:33 AM | Updated: Dec 16, 2017 5:09 PM Categories Pay & Benefits, Q&A Leave a comment

I understand that my Medicare Part B premiums can be higher if my modified adjusted gross income is above a certain amount. How is MAGI calculated?

Last Minute Decisions on Your 2018 FEHB Choice

By Walton FrancisDec 7, 2017 3:00 PM Categories Pay & Benefits Leave a comment

As Open Season winds down, these are some tips to help federal employees narrow down their insurance choices and save money.

Lawmakers Pushing Pay Parity for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithDec 5, 2017 2:49 PM | Updated: Dec 14, 2017 10:51 AM Categories Pay & Benefits Leave a comment

A group of House lawmakers have asked President Trump to increase the 2018 federal employee pay raise to match the military’s pay raise.

Air Force Announces Bonus for Switching to New Blended Retirement System

FedSmith.com author Ian SmithBy Ian SmithDec 5, 2017 9:49 AM Categories Pay & Benefits Leave a comment

The Air Force will offer some Airmen a cash bonus if they convert to the military’s new Blended Retirement System.

Possibility of a Government Shutdown Again Looms

FedSmith.com author Ian SmithBy Ian SmithDec 4, 2017 11:49 AM Categories Pay & Benefits Leave a comment

The possibility of a government shutdown looms at the end of the week as Congress wrangles over the budget. Here is what it means for your pay and benefits.

Which TSP Fund has the Highest Return So Far in 2017?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 1, 2017 11:58 AM Categories Pay & Benefits Leave a comment

Which TSP fund has provided the highest return – about 3% higher than the fund in 2nd place – for investors in 2017?

CBO: Government Will Run Out of Money Next Spring Without Raising Debt Limit

FedSmith.com author Ian SmithBy Ian SmithDec 1, 2017 10:42 AM | Updated: Dec 8, 2017 9:56 AM Categories Pay & Benefits Leave a comment

The government is once again about to reach the debt ceiling, and “extraordinary measures” would likely be used with federal employee benefits to offset it.

I Fund Changes Proposed for TSP

FedSmith.com author Ian SmithBy Ian SmithNov 30, 2017 4:08 PM | Updated: Dec 8, 2017 9:56 AM Categories Pay & Benefits Leave a comment

A recent study of the TSP fund benchmark indexes may lead to more investment options for TSP participants who invest in the I Fund.

Cuts to Federal Retirement System: Evaded or Merely Postponed?

FedSmith.com author Randy SilveyBy Randy SilveyNov 29, 2017 2:38 PM | Updated: Dec 8, 2017 9:55 AM Categories Pay & Benefits, Retirement Leave a comment

A budget resolution making cuts to federal pay and benefits recently failed to pass Congress, but it left federal employees wondering what the future may hold.

What’s Better: TSP or Roth TSP?

By Kelly MonroeNov 26, 2017 10:00 AM Categories Pay & Benefits Leave a comment

Which is better for your retirement savings: the TSP or the Roth TSP? Here are the basic differences and some resources to help you with this decision.

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Daily TSP Performance

May 1, 2026

Fund Last % YTD
G Fund $19.8657 +0.01% +1.42%
F Fund $20.9401 +0.12% +0.28%
C Fund $116.0963 +0.29% +6.01%
S Fund $109.4965 +0.40% +9.05%
I Fund $61.5532 -0.18% +10.92%
L Income $30.1996 +0.05% +3.27%
L 2030 $61.0590 +0.09% +5.10%
L 2035 $18.7105 +0.11% +5.83%
L 2040 $71.9984 +0.11% +6.21%
L 2045 $19.9834 +0.12% +6.54%
L 2050 $44.4091 +0.13% +6.88%
L 2055 $23.1647 +0.14% +8.10%
L 2060 $23.1620 +0.14% +8.10%
L 2065 $23.1591 +0.14% +8.10%
L 2070 $13.7260 +0.14% +8.10%
L 2075 $11.9897 +0.14% +8.10%
Get detailed TSP data at TSPDataCenter.com

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