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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.

IRS Announces “Administrative Transition Period” for Catch-Up Contributions to TSP and Similar Plans

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 28, 2023 6:06 AM Categories Retirement, Pay & Benefits Leave a comment

The IRS has revised a policy on catch-up contributions that will impact TSP contributions for many federal employees.

FEHB + Medicare = Better Medical Bill Management

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterAug 24, 2023 12:04 PM | Updated: Mar 6, 2024 2:38 PM Categories Pay & Benefits Leave a comment

When paired with Medicare, the right FEHB plan can help federal employees prevent unwanted medical bills.

TSP Returns, Latest on Government Shutdown, and 10-Year L Fund Returns

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 22, 2023 11:38 AM Categories Pay & Benefits Leave a comment

TSP returns so far in August 2023, government shutdown news and TSP L Fund returns over 10 years.

Is “DIY Diversification” Worth the Hassle?

By Lisa WhitleyAug 18, 2023 11:28 AM Categories Pay & Benefits Leave a comment

Should federal employees use the L Funds or assemble their own mix of the core TSP funds?

GSA Releases FY 2024 Per Diem Rates

FedSmith.com author Ian SmithBy Ian SmithAug 18, 2023 6:21 AM | Updated: Aug 17, 2024 4:40 PM Categories Pay & Benefits Leave a comment

GSA has released the per diem rates for fiscal year 2024.

Alternative Pay Plan Coming—and Why Government Shutdown is an Annual Event

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 17, 2023 12:09 PM | Updated: Sep 7, 2023 2:38 PM Categories Pay & Benefits Leave a comment

What is the next step before the “big reveal” of the federal employee pay raise? Why are we facing another government shutdown?

Are There Chinese Investments in the TSP?

FedSmith.com author Ian SmithBy Ian SmithAug 17, 2023 8:15 AM | Updated: Aug 18, 2023 2:18 PM Categories Pay & Benefits Leave a comment

Do federal employees have to worry about their investments in the TSP supporting Chinese companies?

Annual Federal Pay Raises During Inflation: Carter vs. Biden & Latest Inflation Data

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 10, 2023 10:50 AM Categories Pay & Benefits, Retirement Leave a comment

The rate of inflation is decreasing. Are you feeling better yet?

Flexible Spending Account (FSA) Resources for Federal Employees

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterAug 10, 2023 6:40 AM | Updated: Aug 27, 2024 2:37 PM Categories Pay & Benefits Leave a comment

Federal employees can visit the Federal Flexible Spending Account Program (FSAFEDS) website when their healthcare needs change.

Pay Cap, Pay Compression, and Potential for Change

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 9, 2023 11:12 AM Categories Pay & Benefits Leave a comment

The pay cap impacts a growing number of federal employees every year. A new bill would eliminate it.

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Daily TSP Performance

May 1, 2026

Fund Last % YTD
G Fund $19.8657 +0.01% +1.42%
F Fund $20.9401 +0.12% +0.28%
C Fund $116.0963 +0.29% +6.01%
S Fund $109.4965 +0.40% +9.05%
I Fund $61.5532 -0.18% +10.92%
L Income $30.1996 +0.05% +3.27%
L 2030 $61.0590 +0.09% +5.10%
L 2035 $18.7105 +0.11% +5.83%
L 2040 $71.9984 +0.11% +6.21%
L 2045 $19.9834 +0.12% +6.54%
L 2050 $44.4091 +0.13% +6.88%
L 2055 $23.1647 +0.14% +8.10%
L 2060 $23.1620 +0.14% +8.10%
L 2065 $23.1591 +0.14% +8.10%
L 2070 $13.7260 +0.14% +8.10%
L 2075 $11.9897 +0.14% +8.10%
Get detailed TSP data at TSPDataCenter.com

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