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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.

Wear Your Financial A.R.M.O.R.

By Tyler WeerdenMar 13, 2024 9:17 AM | Updated: Jan 14, 2025 9:06 AM Categories Pay & Benefits Leave a comment
Green plated shield in front of a stack of cash on a white background

These five core principles will help you achieve your financial goals.

Conditionally Approved List of Postal Service Health Benefits Program Carriers Released

FedSmith.com author Ian SmithBy Ian SmithMar 12, 2024 5:38 PM Categories Pay & Benefits Leave a comment
Binder labeled 'insurance plans' next to glasses, pens and paperwork

A listing of conditionally approved Postal Service Health Benefits Program carriers is now available.

2025 Federal Pay Raise: How About 2%?

FedSmith.com author Ian SmithBy Ian SmithMar 11, 2024 2:02 PM Categories Pay & Benefits Leave a comment
Silver 3D dollar signs on a solid blue background

President Biden has released his proposal for the 2025 federal pay raise.

Federal Long-Term Care Insurance Program (FLTCIP): A Simplified Guide

FedSmith.com author Brennan RhuleBy Brennan RhuleMar 11, 2024 7:48 AM | Updated: Apr 8, 2024 10:17 AM Categories Pay & Benefits Leave a comment
Words 'long-term care insurance' written on a piece of paper sitting on a desk next to a stethoscope

This is a detailed overview of the Federal Long Term Care Insurance Program for federal employees.

Consider This Before Taking a TSP Withdrawal

FedSmith.com author Dallen HawsBy Dallen HawsMar 8, 2024 1:33 PM Categories Pay & Benefits, Retirement Leave a comment

Taxes are unavoidable, but you can minimize them. These are some ways federal employees can reduce taxes while working and after retirement.

Lessons for Federal Employees From Warren Buffett

FedSmith.com author Anthony BucciBy Anthony BucciMar 6, 2024 9:10 AM Categories Pay & Benefits Leave a comment
Vector illustration of Warren Buffett

Federal employees can learn some important lessons from Warren Buffett to apply to their retirement investing.

Best TSP Returns to Start a Year Since 2019: C Fund Hits Record High

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 1, 2024 9:51 AM Categories Pay & Benefits Leave a comment
Bull market - bull with his head tilted slight down and horns protruding against a line graph in the background

The TSP returns for the start of a year are the best since 2019 and the C Fund hit a new record high. All TSP funds were up in February with one exception.

Comparing FEGLI Option B with Term Life Insurance: Which is Right for You?

FedSmith.com author David FeiBy David FeiFeb 29, 2024 8:27 AM | Updated: Apr 21, 2024 4:20 PM Categories Pay & Benefits Leave a comment
Close up of a businessman's hand holding a clipboard that reads 'FEGLI - Federal Employees Group Life Insurance'

Which is better for federal employees: FEGLI or term life insurance? These are some important considerations.

Federal Employee Retention Pay and a Promotion

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 28, 2024 1:44 PM | Updated: Jul 18, 2024 10:17 AM Categories Pay & Benefits, Q&A Leave a comment
$100 dollar bill locked by a small padlock with the key sitting off to the side

What is retention pay? When is it terminated? What if an employee on retention pay receives a promotion?

Stay Calm and Carry On in Your TSP

FedSmith.com author Anthony BucciBy Anthony BucciFeb 28, 2024 8:05 AM Categories Pay & Benefits Leave a comment
Businessman with his hands clasped behind his head appearing worried as he looks at a financial chart showing declining stock market returns

You may be your own worst enemy when it comes to investing in the TSP.

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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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