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COLA

Inflation Soars Again: Value of 2022 Federal Pay Raise and COLA Going Down

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 10, 2021 9:51 AM Categories Federal Employee Pay News Leave a comment

Inflation is soaring. The 2022 COLA will be 5.9%. Inflation is now at 7.6% over 12 months per the CPI-W and the 2022 federal pay raise is projected at 2.7%.

What Inflation Does to Your Federal Retirement

FedSmith.com author Dallen HawsBy Dallen HawsDecember 9, 2021 8:15 AM Categories Federal Employee Retirement Leave a comment

Inflation has been rising at a much higher rate than usual. How can this impact a federal employee’s retirement?

Your 2022 Federal Pay Raise, COLA, and Why 2021 Inflation Is Important

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNovember 14, 2021 7:44 AM Categories Federal Employee Pay News Leave a comment

The 2021 inflation rate so far is now 6.2%. With a projected 2022 federal pay raise of 2.7%, and a COLA of 5.9%, purchasing power is declining fast.

2022 COLA: 5.9%; Largest in 40 Years

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOctober 13, 2021 9:38 AM Categories Federal Employee Retirement Leave a comment
A single red 3D percent sign among a series of 3D white dollar signs around it

The 2022 COLA will be the largest increase in 40 years, a fact obviously of interest to federal retirees and Social Security recipients.

Calculating Your 2022 COLA With Eager Anticipation

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: September 14, 2021 9:56 PM Categories Federal Employee Retirement Leave a comment

The 2022 COLA will be determined by inflation during a three-month period. Here are the latest inflation figures impacting the January COLA payment.

Be Aware of the Medicare Part B Premium When Taking Social Security at Age 62

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterAugust 18, 2021 2:23 PM Categories Federal Employee Retirement Leave a comment

Enjoying your Social Security benefit prior to age 65 means less money to pay the Medicare Part B premiums – for the rest of your life.

Federal Pay Raise 2013-2021: 13.1%. Actual Increase: 18.1% (DC Increase: 21%)

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 16, 2021 6:31 AM Categories Federal Employee Pay News Leave a comment

Federal pay raises granted over 8 years totaled 13.1%, however, the actual average salary went up 18.6%. In DC, the average salary went up 21%.

Up, Up and Away: 6.2% Possible for 2022 COLA

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 11, 2021 4:47 PM Categories Federal Employee Retirement Leave a comment

Inflation is up again in July. There is another higher projection for the 2022 COLA figure to be announced in October.

2022 COLA: Why Are FERS and CSRS Different?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 9, 2021 6:27 AM Categories Federal Employee Pay News Leave a comment

The 2022 COLA will be significant but lower for FERS than for CSRS. Here are the differences and an explanation for the differences.

Social Security COLA Projected to Be the Highest In Decades

FedSmith.com author Brenton SmithBy Brenton SmithUpdated: August 2, 2021 10:52 AM Categories Federal Employee Retirement Leave a comment

Social Security recipients are likely to get a big COLA in 2022, but the author notes that this is a major financial burden for the program.

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Daily TSP Performance

December 8, 2023

Fund Last % YTD
G Fund $17.9118 +0.01% +3.93%
F Fund $18.7198 -0.41% +2.81%
C Fund $71.7290 +0.41% +21.77%
S Fund $72.0139 +0.68% +17.04%
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L 2030 $43.9662 +0.20% +12.52%
L 2035 $13.1400 +0.21% +13.34%
L 2040 $49.5171 +0.23% +14.16%
L 2045 $13.5009 +0.25% +14.86%
L 2050 $29.4773 +0.27% +15.58%
L 2055 $14.4863 +0.36% +18.13%
L 2060 $14.4845 +0.36% +18.13%
L 2065 $14.4826 +0.36% +18.13%
Get detailed TSP data at TSPDataCenter.com

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