“We’re in the money” was a hit song in 1933 as Hollywood tried to project a favorable view of the economy. Today, inflation news is good. “We’re in the money” again.
The inflation estimates for the 2025 COLA are getting higher every month. Here are the inflation data for May 2024.
Several changes in the TSP make it easier to use this important federal employee benefit as the mobile app is gaining acceptance. TSP Funds are roaring back so far in May!
Inflation is still rising and the projections for the 2025 COLA are rising as well.
The March CPI report shows continuing inflation so far in 2024. This may mean a higher 2025 COLA but a negative economic impact on all consumers.
The latest CPI data indicate that inflation rose faster in February than expected.
These two things will put a dent in federal retirees’ finances if not addressed.
Inflation in December was higher than expected but the rate has dropped considerably. 2025 COLA payments will continue going back to a more normal range.
As we start the new year for the next COLA calculation, the latest data show a continuing decline in the rate of inflation.
These are 7 risks that federal employees must avoid to have financial security in retirement.
