Pay & Benefits
TSP 2024 Action Items to Take Now
These are some tips to help federal employees in planning to maximize their TSP contributions in 2024.
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.
Pay & Benefits
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.
Pay & Benefits
TSP Tax Traps and Withdrawal Woes
These are some potential pitfalls related to the TSP when it comes to taxes and withdrawals that federal employees should know about.
Pay & Benefits
2024 Locality Pay: Which Areas Had the Highest (or Lowest) Pay Raises?
Which 2024 locality pay areas received the highest pay raises? Which ones received the lowest? How did the new locality pay areas fare? Here are the answers.
Pay & Benefits
2024 GS Pay Scale for Federal Employees
The 2024 GS pay scale is based on a 5.2% average federal pay raise. Here are the pay raises for all GS locality pay areas.
Pay & Benefits
2024 Federal Pay Raise and 2024 GS Pay Scale Finalized
President Biden has issued the Executive Order finalizing the 2024 federal pay raise.
Pay & Benefits
Is a 5.2% 2024 Federal Pay Raise Ensured?
An average 5.2% 2024 federal pay raise is virtually certain because of recent events. Here is a quick summary.
Pay & Benefits
New Record for Stock Market: How Much Have TSP Funds Jumped in 2023?
2023 has been a volatile year for the TSP. For those who held on to or increased their stock funds during a down market, it may now feel…
Pay & Benefits
3 Steps to Picking a TSP Investment Strategy
These three steps can help federal employees develop a basic investment plan for the TSP.
Pay & Benefits
Core Inflation is Up But Index for Next COLA is Down
The latest inflation report reflecting economic activity in November has been released. Core inflation is still rising and the index used for the COLA is down.