COLA Increase in 2016 Appears Less Likely
It is increasingly less likely that there will be a COLA increase for retirees in 2016 based on the inflation figures for July.
It is increasingly less likely that there will be a COLA increase for retirees in 2016 based on the inflation figures for July.
The author says OPM still has the potential to be the talent management agency the government needs after the data breaches.
Federal employees who invest in the G fund may breathe a sigh of relief as a proposal to cut the interest rate paid by this TSP fund appears to have died in the Senate.
Are you a CSRS offset retiree? If you are in this group of federal employees, a letter coming from the Defense Finance and Accounting Service (DFAS) may interest you as you may be in for at least a small, unexpected financial gain.
The House budget committee released its 2016 budget proposal last week, largely bereft of any specifics of proposed changes to federal pay and benefits. A new report, however, is shedding some light on these details.
Will budget negotiations for fiscal year 2016 negatively impact the Thrift Savings Plan used by federal employees for their future retirement? One proposed change could impact the value of participants’ investments in the G Fund.
The COLA next year for many federal retirees and Social Security recipients will be 1.7%.
318,462 federal employees owed back taxes to the federal government as of September 20, 2013. Under a proposed rule, money in the TSP accounts of these individuals could be used to pay a tax levy.
How much will inflation add to the amount added to your retirement annuity or Social Security payment in 2015? We will not know until sometime in October but here are the latest calculations.
The author offers ten questions you need to keep in mind for your financial situation as you near retirement from your federal career.