Congratulations! Average Federal Salary Now Tops $101,000
The average federal salary now tops $100,000—not including the 5.25% average pay raise in 2024. Most federal employees are now in a locality pay area.
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.
2024 Pay Raise Highest in 40+ Years—54 Years of Federal Pay Raises
With the 2024 federal pay raise in mind, which administration gave federal employees a total raise of 0.96%? Which one awarded 33.2% in total raises?
Are There Better Investment Options Besides the TSP?
Is the TSP the best investment vehicle for federal employees to use? These are some considerations.
TSP Releases January 2024 Processing Schedule
The TSP has released some important notices for tax planning purposes.
Federal Budget, Government Shutdown: Is 5.2% 2024 Federal Pay Raise at Risk?
Political wrangling over serious problems could lead to a government shutdown. The 2024 federal employee pay raise could emerge as an issue with spiraling debt limiting options.
How Many Federal Employees Are in a Locality Pay Area and How Will Agencies Pay $5 Billion Increase?
The number of locality pay areas has increased 63% since 2015. How many federal employees are in a locality pay area, and what is the total cost of locality pay?
Is FEGLI Good Insurance?
Is FEGLI the best life insurance option for federal employees? These are some considerations.
TSP 2024 Action Items to Take Now
These are some tips to help federal employees in planning to maximize their TSP contributions in 2024.
Happy New Year! 2023 TSP Performance Provides Great Returns
2023 TSP performance provided a high return for TSP investors. Two TSP stock funds had returns of more than 25%. One TSP Fund shot up 10% in December.
TSP Tax Traps and Withdrawal Woes
Categories Pay & Benefits 
These are some potential pitfalls related to the TSP when it comes to taxes and withdrawals that federal employees should know about.
