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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.

What Are My Rights With Respect to Uncompensated Overtime?

By Wayne ColemanMay 10, 2017 5:22 PM | Updated: May 16, 2017 11:30 AM Categories Pay & Benefits, Q&A Leave a comment

My supervisor frequently has me work more than 80 hours in a pay period. What laws govern this and what rights do I have to hold the agency accountable for compensation?

What Happens to My Benefits If I Leave Federal Service and Then Return in the Future?

FedSmith.com author John GrobeBy John GrobeApr 29, 2017 1:06 PM | Updated: May 2, 2017 10:21 AM Categories Pay & Benefits, Q&A Leave a comment
Image of a will return clock sign close up

I’m considering leaving federal service, however, I’m wondering what would happen to my benefits if I ended up coming back in the future?

Why Do Current Federal Employees Get a Higher Raise Than Federal Retirees?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 3, 2017 5:55 AM | Updated: Apr 10, 2017 5:07 PM Categories Pay & Benefits, Q&A Leave a comment

Why do current federal employees get a much higher pay raise than federal retirees? I am a retiree and feel that this is unfair.

Are Federal Agencies Required to Offer Retirement Seminars?

FedSmith.com author John GrobeBy John GrobeMar 31, 2017 2:26 PM | Updated: Apr 5, 2017 7:54 AM Categories Q&A, Retirement Leave a comment

Are federal agencies required to offer retirement training seminars to their employees?

Will I Be Forced to Spend My TSP When I Get Older?

FedSmith.com author Randy SilveyBy Randy SilveyFeb 14, 2017 4:27 PM | Updated: Feb 17, 2017 9:27 AM Categories Q&A, Retirement Leave a comment
Image of a piggy bank on a stack of cash

I am 61 and getting ready to retire soon when I turn 62 and can draw my Social Security. It doesn’t appear I will ever need to touch my TSP or IRA, however, I was told I have to spend my TSP when I get older – is this true?

OPM Releases Additional Hiring Freeze Guidance

FedSmith.com author Ian SmithBy Ian SmithFeb 13, 2017 5:40 PM Categories Human Resources, Q&A Leave a comment

The Office of Personnel Management has provided an extensive list of questions and answers with additional guidance about the hiring freeze.

Federal Government Contributes Up to 18% of Employees’ Pay?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 30, 2017 4:25 PM | Updated: Feb 1, 2017 12:37 PM Categories Pay & Benefits, Q&A Leave a comment

A recent article noted that “the federal government contributes up to 18 percent of federal employees’ pay” to their retirement plan which led to some confusion among FedSmith readers. Here is an explanation.

Can I ‘Double Up’ My TSP Contributions If I Retire During the Year I Turn 70 and a Half?

FedSmith.com author Randy SilveyBy Randy SilveyJan 26, 2017 12:33 PM | Updated: Jan 29, 2017 9:56 AM Categories Q&A, Retirement Leave a comment
Image of five rolls of one dollar bills

I will turn 70 at the end of 2017 and was contemplating retiring at the end of that year. If I delay retirement until June 30, 2018 (the year I will turn 70 and ½), can I “double up” my TSP contributions and catch-up contributions as if I worked the full year?

Why Would I Have to Pay More Than $134 in Medicare Part B Premiums?

FedSmith.com author John GrobeBy John GrobeJan 25, 2017 1:11 PM | Updated: Jan 26, 2017 6:44 PM Categories Q&A, Retirement Leave a comment

I was told by a colleague of mine that she has to pay more than the $134 Medicare Part B premium. Why is this the case?

Are There Any Proposed Cuts to Benefits of Retired Federal Employees?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 23, 2017 11:02 AM | Updated: Jan 24, 2017 1:33 PM Categories Q&A, Retirement Leave a comment

I am a federal employee who is already retired under CSRS. Are there any proposals for retirement changes that would impact those of us who have already left federal service?

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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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