How did your TSP investments perform last month? See the latest monthly TSP performance at TSPDataCenter.com.
The deficit commission has proposed changing federal retirement to use the highest five years of earnings to calculate civil service pension benefits for new retirees (CSRS and FERS) rather than the highest three years. How much of a difference would this make in a retirement annuity? It depends. Here are several scenarios.
This article looks at your retirement annuity when you left federal service, withdrew your contributions and did not re-deposit the money when you returned to work for Uncle Sam. What should you do?
An executive order sets up a new federal Internship Program, Recent Graduates Program and Presidential Management Fellows Program which are to be called the Pathways Programs.
Are you interested in a new program that may enhance your future retirement? Back in June 2009, legislation was passed authorizing creation of a Roth plan using after-tax salary into an account that will grow without any additional tax liability on future earnings. That option is now being implemented.
The readers’ comments on articles and headlines are one of the most popular features on the FedSmith.com site. We have made changes to this feature to make the commenting process more interactive and encourage communication among our users.
The President has issued an executive order implementing the 2011 federal pay rates.
President Obama has issued a memo explaining the rationale for a federal pay freeze and advising agency heads with discretion on federal pay “should not provide any upward adjustments in Federal employees’ pay schedules or rates during the two-year period covered by the statutory pay freeze.”
President Obama has signed the bill that continues funding of the federal government through March 4th and institutes the two-year federal pay freeze.
Will CSRS employees get a tax break with the reduction in the Social Security tax that was recently announced? What about CSRS offset employees? How will it impact FERS employees? Here are some answers.
The Senate and House have approved a bill that would fund the federal government through March 4th and freeze federal employee pay increases for two years.
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