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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.

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.

What Happens to Your TSP If You Die?

FedSmith.com author Dallen HawsBy Dallen HawsApr 16, 2024 7:55 AM Categories Pay & Benefits Leave a comment

What happens to a federal employee’s TSP account upon his or her death?

Should You Transfer Out of the TSP?

FedSmith.com author Brennan RhuleBy Brennan RhuleApr 8, 2024 10:50 AM Categories Pay & Benefits Leave a comment
2 wrapped stacks of hundred dollar bills next to a 3D red question mark

These are pros and cons of reasons why federal employees might consider moving money out of the TSP.

Why Your TSP Employer Match is Worth More Than You Think

By Tyler WeerdenApr 4, 2024 1:51 PM | Updated: Jul 24, 2024 4:02 PM Categories Pay & Benefits Leave a comment
Glass jar filled with coins labeled 'retirement'; pictured next to it are 3 vertical stacks of coins growing in size from left to right and an old style alarm clock

Federal employees who aren’t taking advantage of the full TSP match are missing out on free money.

Bill Imposing Telework Requirements: “Americans have been on hold while bureaucrats phone it in.”

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 4, 2024 7:46 AM | Updated: May 8, 2024 11:32 AM Categories Pay & Benefits Leave a comment
Man reclining on a sofa while working on a laptop with a dog lying next to him

A bill would impose restrictions on telework by federal employees. It would also require evaluating the impact of telework on delivery and response times of services.

Tax Strategies When Taking TSP Withdrawals

FedSmith.com author Dallen HawsBy Dallen HawsApr 2, 2024 9:16 AM | Updated: Apr 3, 2024 5:24 PM Categories Pay & Benefits Leave a comment

Tax planning is important when withdrawing money from your TSP account, otherwise you may be paying more in taxes than you have to.

An Update on Weight Loss Drug Coverage from FEHB Plans

FedSmith.com author Kevin MossBy Kevin MossApr 1, 2024 12:24 PM Categories Pay & Benefits Leave a comment

How FEHB plans cover weight loss drugs for federal employees varies widely.

22 Record Highs in 3 Months: TSP Returns 10%+ for One TSP Stock Fund

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 30, 2024 8:20 AM Categories Pay & Benefits Leave a comment
Silhouette of a bull overlaid on a table of stock market prices against a blue background

So far, 2024 has been a great year for TSP returns. All TSP Funds, with one exception, are showing a positive return in 2024.

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Daily TSP Performance

April 15, 2026

Fund Last % YTD
G Fund $19.8274 +0.01% +1.22%
F Fund $21.0267 -0.14% +0.69%
C Fund $112.7498 +0.81% +2.96%
S Fund $106.5255 +0.40% +6.09%
I Fund $61.4111 +0.10% +10.67%
L Income $30.0022 +0.14% +2.60%
L 2030 $60.3628 +0.28% +3.90%
L 2035 $18.4636 +0.33% +4.44%
L 2040 $70.9777 +0.36% +4.71%
L 2045 $19.6831 +0.38% +4.94%
L 2050 $43.7027 +0.41% +5.18%
L 2055 $22.7184 +0.50% +6.02%
L 2060 $22.7158 +0.50% +6.02%
L 2065 $22.7130 +0.50% +6.02%
L 2070 $13.4617 +0.50% +6.02%
L 2075 $11.7588 +0.50% +6.01%
Get detailed TSP data at TSPDataCenter.com

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