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FERS

Cutting Federal Benefits to Align With Private Sector

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 11, 2020 12:11 PM Categories Federal Employee Pay News Leave a comment
Scissors lying next to a $5 bill that has been cut into pieces on a wooden surface

The 2021 budget proposes major changes in federal benefits to align more closely with private sector benefits.

2021 Budget Proposal Would Eliminate FERS COLA, SRS

FedSmith.com author Ian SmithBy Ian SmithFebruary 10, 2020 1:30 PM Categories Federal Employee Retirement Leave a comment
Scissors cutting two $100 bills in half against a solid white background

A number of reductions to federal employees’ retirement benefits have been proposed in the President’s 2021 Budget.

Task Force Proposes Eliminating FERS

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 7, 2020 2:09 PM Categories Federal Employee Pay News, Human Resources Leave a comment
Pink piggy bank getting squeezed by a belt wrapped around it

A task force report urges major changes to the civil service system from pay and benefits to handling removal actions and appeals by federal employees.

The Social Security Double Tax Bomb

FedSmith.com author Dallen HawsBy Dallen HawsFebruary 4, 2020 1:11 PM Categories Federal Employee Retirement Leave a comment
illustration of a bomb with a lit fuse against a dark grey background with the word 'tax' written on it with a panicked looking man staring at it

As the author explains, federal employees who think their taxes will be lower in retirement could be in for an unpleasant surprise.

Does Time at a U.S. Military Academy Count Toward Civilian Service?

FedSmith.com author Susan McGuire SmithBy Susan McGuire SmithJanuary 31, 2020 8:14 AM Categories Court Cases Leave a comment

An appeals court considered whether the 5 year requirement of civilian service to quality for an annuity could be met in part with service as a cadet at West Point.

FERS Disability Retirement and OWCP: Common Misconceptions

FedSmith.com author Scott SantarelliBy Scott SantarelliDecember 30, 2019 11:09 AM Categories Federal Employee Retirement Leave a comment
Close up of an injured woman filling out a work injury claim form

Are you filing for both FERS Disability Retirement and OWCP? Here are some important things you must know.

What Taxes Will Federal Employees Have in Retirement?

FedSmith.com author John GrobeBy John GrobeDecember 10, 2019 2:40 PM Categories Federal Employee Retirement Leave a comment
Small wooden model of a house next to block letters vertically stacked that spell 'tax' both sitting on top of a calculator with an old style alarm clock in the background

What taxes can federal employees expect to pay after they retire from federal service?

Inflation and its Impact on your Federal Retirement

FedSmith.com author John GrobeBy John GrobeNovember 13, 2019 10:24 AM Categories Federal Employee Retirement Leave a comment
Stacks of coins growing in size from left to right with a closeup of a man's hand placing shopping cart replicas on top of each stack depicting rising inflation costs

Federal retirees receive COLAs on their annuities to help offset inflation, but are there any similar options with your TSP account?

What Impact Does the High-3 Have on Your FERS Annuity?

By Brandon ChristyNovember 5, 2019 11:35 AM Categories Federal Employee Retirement Leave a comment
Words 'retirement plan' written at the top of a small notepad sitting on a wooden surface next to a pen and calculator

Do you know how to estimate your high-3 for calculating your FERS annuity? This tool can help.

Will I Outlive My Retirement Funds?

By Brandon ChristyNovember 3, 2019 9:05 AM Categories Federal Employee Retirement Leave a comment
Senior aged couple sitting in front of a laptop at a desk as they carefully read and study some paperwork

Do you have enough saved to retire? While there is no easy answer to this question, the author lists three questions to ask to help you begin planning.

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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%
I Fund $38.4741 +0.16% +13.35%
L Income $24.5509 +0.08% +7.44%
L 2025 $12.4780 +0.11% +9.23%
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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