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COLA

Stay informed on the latest COLA updates for federal retirees, including annual Cost‑of‑Living Adjustment announcements, calculation methods, and policy changes that affect retirement income under FERS and CSRS. Explore clear explanations of how COLA percentages are determined, historical trends in federal retiree COLAs, and the impact of inflation on long‑term financial security. Find timely analysis, legislative developments, and expert insights to help federal retirees understand how annual COLA changes influence their purchasing power and overall retirement planning.

Projecting Your 2023 COLA During Rapid Inflation: Is This New COLA Projection Impacting Your Retirement Plans?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 19, 2022 11:37 AM | Updated: Oct 25, 2022 4:12 PM Categories Retirement Leave a comment

Inflation is going up fast. So are the 2023 COLA estimates. Will this influence your decision about when to retire?

Inflation Raging in 2022: Anticipating 2023 COLA? CPI-W Up 9.4% in One Year

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 12, 2022 10:41 AM | Updated: Mar 6, 2024 2:41 PM Categories Pay & Benefits Leave a comment

Anticipating a big 2023 COLA? The CPI-W is now up 9.4% in one year based on inflation data from March 2022.

Predicting the 2023 COLA and How to Avoid the Surprise of a Lower Annuity Payment

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 9, 2022 9:27 AM | Updated: Oct 25, 2022 4:11 PM Categories Retirement Leave a comment

What is the latest 2023 COLA prediction? If federal employees plan to retire in 2022, will they get the 2023 COLA?

2023 COLA and the Long Expected Federal Retirement Tsunami

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 17, 2022 8:59 AM Categories Retirement Leave a comment

With a significant differential between a COLA and pay raise in 2022 and 2023, many federal employees are likely to retire. Here is why.

Will Next COLA Match 7.4% of 1982? CPI-W Index Up 8.6% in 12 Months

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 10, 2022 10:29 AM | Updated: Mar 29, 2022 12:08 PM Categories Retirement Leave a comment
Close up of person's hand pumping gas into a car overlaid on a stock chart in the background

The 2022 COLA was 5.9%—the largest in 40 years. The CPI-W for February is up 8.5% in 12 months. Will the 2023 COLA go even higher?

Why Your Raise or Annuity Goes Down Faster Than Inflation Goes Up

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 22, 2022 6:39 AM | Updated: Feb 23, 2022 3:23 PM Categories Pay & Benefits, Retirement Leave a comment

How is inflation measured? Measurement methods have changed. Those who think their decline in purchasing power is higher than reported are probably right.

Inflation Rate Soars to 7.5%; Comparing 45 Years of Federal Raises, Inflation, and COLAs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 10, 2022 12:01 PM | Updated: Feb 15, 2022 11:31 AM Categories Pay & Benefits Leave a comment

Inflation is soaring. How does the inflation rate compare to 45 years of pay raises and COLAs?

Pay Raises, COLAs, Politics, 7.8% Inflation, and Federal Retirement

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 9, 2022 9:39 AM | Updated: Mar 15, 2022 10:36 AM Categories Retirement Leave a comment

Are the retirement decisions by federal employees impacted by politics and policy decisions?

5.8% Inflation in Consumer Prices Eroding Value of Salaries and COLA

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 28, 2022 12:19 PM Categories Pay & Benefits Leave a comment

New data show a 40-year inflation surge in consumer prices further eroding recent salary and COLA increases.

Inflation Rate Continues to Go Up Reducing Value of 2022 Federal Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 12, 2022 11:19 AM Categories Pay & Benefits Leave a comment
Pair of scissors cutting a stack of dollar bills against a solid white background depicting a pay cut or pay freeze

The inflation rate measured by the CPI-W went up 7.8% in 2021 reducing purchasing power of the 2022 COLA and pay raise now in effect.

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Daily TSP Performance

April 20, 2026

Fund Last % YTD
G Fund $19.8394 +0.04% +1.28%
F Fund $21.0674 -0.05% +0.89%
C Fund $114.1387 -0.23% +4.22%
S Fund $109.7297 +0.75% +9.28%
I Fund $61.8167 -0.60% +11.40%
L Income $30.1227 -0.04% +3.01%
L 2030 $60.8067 -0.12% +4.66%
L 2035 $18.6228 -0.15% +5.34%
L 2040 $71.6395 -0.16% +5.68%
L 2045 $19.8785 -0.18% +5.98%
L 2050 $44.1628 -0.19% +6.28%
L 2055 $23.0027 -0.23% +7.34%
L 2060 $23.0000 -0.23% +7.34%
L 2065 $22.9973 -0.23% +7.34%
L 2070 $13.6301 -0.23% +7.34%
L 2075 $11.9060 -0.23% +7.34%
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