Government Stimulus, Inflation, Failing Banks, and the Annual COLA
In the midst of financial turmoil, the February inflation rate has been released. Inflation is still a problem but the impact of the turmoil remains to be seen.
Inflation
4 Must-Have Parts to a Federal Employee’s Retirement Income System
Federal employees must understand how to utilize all the parts of their retirement benefits to maximize their retirement income.
2023 Inflation: Still High, But Going Down— 2024 COLA Will Not Match 2023
The 2023 inflation rate will impact next year’s COLA and TSP balances. Here is the latest information on 2023 inflation and the 2024 COLA.
How High Interest Rates Affect Your Retirement
Inflation has been rising as have interest rates. How can this impact your retirement?
2024 Federal Pay Raise: How About 8.7%?
Legislation has been introduced to set the 2024 federal pay raise for federal employees at 8.7%.
4 Things That Can Boost Your Savings in 2023
Changes on tap for 2023 offer federal employees an incentive to save more towards retirement.
2024 COLA? 2022 Inflation 6.5%, COLA 8.7%, Average Raise 4.6%
The 2022 inflation rate was 6.5% at the end of the year. The COLA for 2023 was 8.7%. What is likely to happen with the 2024 COLA?
Inflation, 2023 Federal Pay Raise, and Declining Wealth As 2022 Winds Down
While the anticipated 2023 federal pay raise is 4.6%, on average, inflation has slowed to an annual increase of 7.1%.
Federal Employees’ Pay Satisfaction on the Decline
The 2022 FEVS results indicate that federal employees are becoming increasingly dissatisfied with their pay.
USPS Reports Both a Loss and a Gain in FY 2022 Financial Results
The financial impact of the Postal Service Reform Act skewed the 2022 USPS financial results. Inflation also continues to weigh heavily on the agency.
