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Social Security

Audit Finds GPO Shortchanging Seniors

FedSmith.com author Brenton SmithBy Brenton SmithUpdated: June 14, 2022 5:27 PM Categories Retirement Leave a comment

An audit conducted by the SSA OIG found that some retirees impacted by GPO may be losing out on additional retirement benefits. Here is how to reclaim your benefits.

Elimination of WEP and GPO Would Be Unfair

FedSmith.com author Brenton SmithBy Brenton SmithMay 5, 2022 8:51 AM Categories Retirement Leave a comment

The author says that a bill proposing to do away with the WEP and GPO would actually be unfair.

10 Things To Do 10 Years Before Retirement

FedSmith.com author Justin HoltzBy Justin HoltzMarch 21, 2022 1:26 PM Categories Retirement Leave a comment

These are 10 steps federal employees should take at least a decade before retiring to ensure they are prepared to head into their golden years.

Social Security Has Quietly Crossed Yet Another Financial Rubicon of Systemic Decay

FedSmith.com author Brenton SmithBy Brenton SmithFebruary 8, 2022 2:00 PM Categories Retirement Leave a comment

The cost of grandfathering Social Security benefits for existing retirees is now more expensive for future retirees than doing nothing.

Why I Don’t Like the 4% Rule

FedSmith.com author Brad BobbBy Brad BobbJanuary 13, 2022 9:56 AM Categories Retirement Leave a comment

The 4% rule is a common spending strategy in retirement. Although very popular, the author says there are some flaws with it.

Can Social Security Pay its Bills?

FedSmith.com author Brenton SmithBy Brenton SmithDecember 22, 2021 9:08 AM Categories Retirement Leave a comment

The author says that Social Security should be at the top of the Treasury Secretary’s priority list, but that it appears it may not be.

The Social Security Earnings Test

FedSmith.com author Brandon ChristyBy Brandon ChristyDecember 15, 2021 8:06 AM Categories Retirement Leave a comment

Will you be subject to the Social Security earnings test? If so, it can cause a reduction in your benefits.

Social Security: The COVID Storm That Wasn’t

FedSmith.com author Brenton SmithBy Brenton SmithUpdated: December 11, 2021 9:27 AM Categories Retirement Leave a comment

The author says that the COVID recession did not cause financial distress for Social Security, an outcome he had not anticipated.

Social Security: Still Not a Dead Horse

FedSmith.com author Thiago GliegerBy Thiago GliegerOctober 20, 2021 9:55 AM Categories Retirement Leave a comment

Knowing when to file for Social Security can be a difficult decision. These are some important considerations.

2022 COLA: 5.9%; Largest in 40 Years

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOctober 13, 2021 9:38 AM Categories 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.

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Daily TSP Rates

June 23, 2022

Fund Last % YTD
G Fund $16.9188 +0.01% +1.09%
F Fund $18.7014 +0.37% -10.46%
C Fund $57.7270 +0.96% -19.76%
S Fund $60.7545 +1.72% -27.19%
I Fund $31.6874 -0.31% -19.66%
L Income $22.3283 +0.17% -4.93%
L 2025 $11.1364 +0.28% -9.07%
L 2030 $37.9208 +0.40% -12.97%
L 2035 $11.2457 +0.44% -14.31%
L 2040 $42.0449 +0.47% -15.57%
L 2045 $11.3896 +0.51% -16.70%
L 2050 $24.6996 +0.54% -17.73%
L 2055 $11.8195 +0.62% -20.58%
L 2060 $11.8186 +0.62% -20.59%
L 2065 $11.8174 +0.62% -20.59%
Get detailed TSP data at TSPDataCenter.com

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