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Q&A

Q&A from FedSmith authors addressing readers’ questions. We share them here to help you with your federal career or retirement planning.

GS Locality Pay and Cost of Living

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 22, 2022 12:21 PM Categories Q&A, Pay & Benefits Leave a comment

Why is my city not included in a GS locality pay area? The cost of living is very high and this seems unfair.

Are Federal Contractors Included in the 2023 Federal Pay Raise?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 21, 2022 1:18 PM Categories Q&A, Pay & Benefits Leave a comment
Piggy bank on a wooden surface with a white question mark leaning up against it depicting money questions, possibility of a pay raise

Are federal contractors included in the 2023 federal pay raise?

Can I Contribute to Both the Roth TSP and a Roth IRA in the Same Year?

FedSmith.com author Randy SilveyBy Randy SilveyJun 23, 2022 9:11 AM | Updated: Aug 30, 2022 3:40 PM Categories Retirement, Q&A Leave a comment

Can I contribute the max to my Roth TSP and also $6,000 to a Roth IRA in the same year?

Why is My 2022 COLA Less Than I Was Expecting?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 10, 2022 9:15 AM | Updated: Mar 22, 2022 11:00 AM Categories Q&A, Retirement Leave a comment

My FERS annuity with the 2022 COLA is increasing less than 4.9% in January. Why is that?

What Impact Does the Continuing Resolution Have on the 2022 Federal Pay Raise?

FedSmith.com author Ian SmithBy Ian SmithDec 8, 2021 4:15 PM Categories Q&A, Pay & Benefits Leave a comment

Will the continuing resolution have an impact on the 2022 federal pay raise for federal employees?

Surviving a Financial ‘Bear Attack’

FedSmith.com author Randy SilveyBy Randy SilveyMay 6, 2020 8:48 AM | Updated: Jan 6, 2022 11:51 AM Categories Q&A Leave a comment
Illustration of a businessman running from COVID-19 coronavirus cells falling from the sky as a bear's head with its mouth open roaring appears to be waiting up ahead of him

A recent retired federal employee is worried about the stock market drop and asks what he can do to protect his retirement savings.

Coronavirus Pandemic Whistleblowing for Federal Employees

By Richard RennerApr 29, 2020 10:22 AM | Updated: May 11, 2020 8:28 AM Categories Q&A Leave a comment
Businessman in a suit wearing a whistle around his neck - whistleblower

Some federal employees may consider whistleblowing if they feel agencies are putting them at undue risk from the coronavirus. These are some things to consider.

When Might We See Imperial County Get Locality Pay?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 11, 2019 6:05 PM | Updated: Jul 22, 2019 9:24 AM Categories Pay & Benefits, Q&A Leave a comment

What are the chances of Imperial County being added as a new pay locality next year?

Can Congress Overturn an OPM Reclassification Decision?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 22, 2019 12:19 PM Categories Human Resources, Q&A Leave a comment

Is there any precedent for employees “winning” reclassification of their position via legal/political means?

Am I Allowed to Contribute to Both a Roth IRA and the Roth TSP?

FedSmith.com author Ian SmithBy Ian SmithApr 24, 2019 2:14 PM | Updated: Apr 20, 2021 12:44 PM Categories Q&A, Retirement Leave a comment
Two $100 bills with labels on top of them that read 'IRA', 'Roth', 'Retirement' and '401k' depicting a comprehensive savings plan for retirement

Can I contribute to both a Roth IRA and the Roth TSP?

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Daily TSP Performance

March 31, 2026

Fund Last % YTD
G Fund $19.7918 +0.01% +1.04%
F Fund $20.8902 +0.21% +0.04%
C Fund $104.7643 +2.92% -4.34%
S Fund $99.1781 +3.44% -1.22%
I Fund $56.5148 +2.28% +1.84%
L Income $29.3186 +0.78% +0.26%
L 2030 $57.7723 +1.59% -0.56%
L 2035 $17.5340 +1.83% -0.82%
L 2040 $67.1123 +2.00% -0.99%
L 2045 $18.5420 +2.13% -1.14%
L 2050 $41.0174 +2.27% -1.29%
L 2055 $21.0590 +2.74% -1.73%
L 2060 $21.0565 +2.74% -1.73%
L 2065 $21.0539 +2.74% -1.73%
L 2070 $12.4783 +2.74% -1.73%
L 2075 $10.8998 +2.74% -1.73%
Get detailed TSP data at TSPDataCenter.com

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