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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.

SECURE Act 2.0 Changes to TSP Starting in January 2024 and into the Future

FedSmith.com author Brennan RhuleBy Brennan RhuleMar 20, 2024 8:47 AM | Updated: Apr 16, 2024 2:26 PM Categories Pay & Benefits Leave a comment

The SECURE Act 2.0 made changes to the TSP that are important for federal employees.

Plan and Invest Your TSP Like a Pro

FedSmith.com author Justin HoltzBy Justin HoltzMar 19, 2024 8:22 AM | Updated: Dec 20, 2024 11:49 AM Categories Pay & Benefits Leave a comment

These are four key areas federal employees must consider when managing their TSP accounts.

58 Federal Locality Pay Areas: 18.5% to 25.86% in 7 Years

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 18, 2024 7:32 AM Categories Pay & Benefits Leave a comment
3D dollar sign pictured on green grass on a hill overlooking a city skyline with the sun setting in the background

What are salary differences between the 58 locality pay areas? One area increased $15,396 over 7 years while another gained $22,282 for GS12/Step5.

The Impact of Divorce on Federal Employee Benefits and Retirement

FedSmith.com author David FeiBy David FeiMar 15, 2024 9:17 AM | Updated: Apr 21, 2024 4:19 PM Categories Pay & Benefits Leave a comment

What happens to federal employee benefits in the event of a divorce?

Sort of Small Cap and Incomplete International: Going Inside TSP’s Most Misunderstood Funds

FedSmith.com author Jennifer MeyerBy Jennifer MeyerMar 14, 2024 2:21 PM Categories Pay & Benefits
Rolled up currency bills in rows with a focus on the US dollar and Chinese yuan in the middle depicting global finance/international stocks

The TSP’s I and S Funds may no be all that they appear to be on the surface.

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.

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Daily TSP Performance

April 28, 2026

Fund Last % YTD
G Fund $19.8585 +0.01% +1.38%
F Fund $20.9730 -0.12% +0.44%
C Fund $114.6232 -0.49% +4.67%
S Fund $107.6536 -1.08% +7.22%
I Fund $60.9283 -0.60% +9.80%
L Income $30.0904 -0.17% +2.90%
L 2030 $60.6350 -0.34% +4.37%
L 2035 $18.5574 -0.40% +4.97%
L 2040 $71.3603 -0.44% +5.27%
L 2045 $19.7945 -0.47% +5.54%
L 2050 $43.9628 -0.50% +5.80%
L 2055 $22.8818 -0.60% +6.78%
L 2060 $22.8790 -0.60% +6.78%
L 2065 $22.8762 -0.60% +6.78%
L 2070 $13.5583 -0.60% +6.78%
L 2075 $11.8432 -0.60% +6.78%
Get detailed TSP data at TSPDataCenter.com

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