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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.

TSP Returns Fall in April—Most Yearly Returns Still Positive

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 1, 2024 7:55 AM Categories Pay & Benefits Leave a comment
Silhouettes of a bull and a bear facing each other with a green market gains arrow and a red financial losses arrow pictured above each, respectively

In the first quarter of 2024, TSP returns had the best first quarter performance since 2019. With one exception, all TSP funds declined in April.

How Much Should You Contribute to the TSP?

FedSmith.com author Brennan RhuleBy Brennan RhuleApr 29, 2024 1:50 PM Categories Pay & Benefits Leave a comment
Glass jar of coins and cash labeled 'retirement' depicting retirement savings

What is the ideal amount for federal employees to contribute to the TSP? These are some considerations.

CBO: Total Federal Compensation 5% Higher Than Private Sector at All Education Levels But Lags at Higher Levels

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 29, 2024 7:14 AM Categories Pay & Benefits Leave a comment
Illustration of a person's hand holding a magnifying glass over a spread of money studying finances

A new CBO report found that total compensation of federal employees is 5% higher on average than their private sector counterparts.

Evidence for the Buy and Hold Investment Approach

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterApr 25, 2024 1:48 PM Categories Pay & Benefits Leave a comment
Illustration of a bull and bear squaring off against a solid white background depicting stock market volatility

Research shows that investors usually suffer when they try to time the market. How can federal employees apply this to the TSP?

Annual Leave for Federal Employees: Accumulation and Retirement

FedSmith.com author Benjamin DergeBy Benjamin DergeApr 24, 2024 1:43 PM Categories Pay & Benefits
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

How does annual leave impact a federal employee’s retirement? How does it accumulate, and in what situations can it be restored?

IRS Tax Penalty Jumps to 8%; A Big Surprise is Coming to Millions of Americans

FedSmith.com author Brennan RhuleBy Brennan RhuleApr 24, 2024 8:25 AM Categories Pay & Benefits Leave a comment
illustration of a bomb with a lit fuse against a dark grey background with the word 'tax' written on it with a panicked looking man staring at it

Inflation has driven up tax penalty interest rates which may come as a shock to millions of taxpayers.

TSP Funds Dropping in April

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 23, 2024 11:41 AM Categories Pay & Benefits Leave a comment

New records are being set by the TSP. Here is an update on TSP fund performance and some of the records cited by the TSP in its latest release.

Why Every Federal Employee Should Consider a High Deductible Health Plan

FedSmith.com author David FeiBy David FeiApr 22, 2024 7:30 AM | Updated: Apr 23, 2024 10:28 AM Categories Pay & Benefits Leave a comment
Stethoscope lying on top of a $100 bill next to a calculator and insurance paperwork depicting rising health insurance costs/premiums

High deductible health plans within the FEHB can be a great way for federal employees to save on insurance costs.

OPM Cracking Down on Ineligible FEHB Enrollees

FedSmith.com author Ian SmithBy Ian SmithApr 19, 2024 7:50 AM Categories Pay & Benefits Leave a comment
Block letters that spell 'fraud' on top of a spread of cash

OPM announced new requirements to eliminate ineligible FEHB enrollees.

Can We Double Our TSP in 10 Years?

FedSmith.com author Justin HoltzBy Justin HoltzApr 18, 2024 9:21 AM | Updated: Dec 20, 2024 11:49 AM Categories Pay & Benefits, Q&A Leave a comment

Can your TSP account be doubled in 10 years? An analysis of one couple’s situation evaluates the possibility.

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Daily TSP Performance

April 1, 2026

Fund Last % YTD
G Fund $19.7939 +0.01% +1.05%
F Fund $20.8929 +0.01% +0.05%
C Fund $105.5194 +0.72% -3.65%
S Fund $99.8332 +0.66% -0.57%
I Fund $57.7086 +2.11% +3.99%
L Income $29.4203 +0.35% +0.61%
L 2030 $58.1639 +0.68% +0.11%
L 2035 $17.6744 +0.80% -0.03%
L 2040 $67.6954 +0.87% -0.13%
L 2045 $18.7140 +0.93% -0.22%
L 2050 $41.4218 +0.99% -0.31%
L 2055 $21.3088 +1.19% -0.56%
L 2060 $21.3063 +1.19% -0.56%
L 2065 $21.3037 +1.19% -0.56%
L 2070 $12.6263 +1.19% -0.56%
L 2075 $11.0291 +1.19% -0.56%
Get detailed TSP data at TSPDataCenter.com

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