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Social Security

Stay informed on Social Security updates that affect federal employees and retirees, especially those covered under FERS. Explore news and analysis on Social Security COLAs, benefit calculations, earnings limits, claiming strategies, and policy changes that influence retirement income. Find clear explanations of how Social Security integrates with FERS benefits, the FERS supplement, and long‑term financial planning. Keep up with legislative developments, inflation trends, and key rules that shape Social Security benefits for federal retirees.

Stimulus Payments Coming Soon for Some Non-Filer Federal Beneficiaries

FedSmith.com author Ian SmithBy Ian SmithMar 31, 2021 1:06 PM Categories Federal Workforce News Leave a comment
COVID-19 coronavirus stimulus money: $100 bills falling from the sky; the images of Benjamin Franklin on them shown wearing a surgical mask

Some federal beneficiaries who do not file recent tax returns will be getting their COVID stimulus payments from the IRS soon.

A Great Age to Retire

FedSmith.com author Dallen HawsBy Dallen HawsMar 24, 2021 1:51 PM | Updated: Mar 25, 2021 3:24 PM Categories Retirement Leave a comment

While there is no “perfect” age for a federal employee to retire, there are some benefits to waiting until at least age 62.

Social Security: Here We Go Again…

FedSmith.com author Brenton SmithBy Brenton SmithMar 24, 2021 9:10 AM | Updated: Apr 13, 2022 5:16 PM Categories Retirement Leave a comment
Close up of two Social Security cards on top of a spread of cash

The author says that the negative impacts of the COVID-19 pandemic on wages could reduce some seniors’ Social Security benefits in the future.

What Happens to Your Social Security If You Retire Early?

FedSmith.com author Dallen HawsBy Dallen HawsFeb 24, 2021 2:49 PM Categories Retirement Leave a comment

Retiring before reaching one’s full retirement age can reduce the amount of Social Security payments in retirement.

The Impact of a Higher Minimum Wage on COLAs for Federal Retirees

FedSmith.com author Brenton SmithBy Brenton SmithFeb 16, 2021 11:09 AM Categories Retirement Leave a comment

The author says that an increase in the federal minimum wage could have an impact on Social Security and the annual COLA for federal retirees.

Read This Before Taking Social Security at Age 62

FedSmith.com author Dallen HawsBy Dallen HawsDec 29, 2020 3:44 PM Categories Retirement Leave a comment
$100 bills (cash) in a spread with a Social Security card

At what age should you start drawing Social Security? As the author explains, it’s not a straightforward answer.

2021 Social Security: Please Return to Your Seats and Fasten Seatbelt

FedSmith.com author Brenton SmithBy Brenton SmithDec 28, 2020 9:16 AM | Updated: Jan 25, 2021 10:50 AM Categories Retirement Leave a comment
Social Security cards and COVID-19 coronavirus cells overlaid on top of an image of the US Capitol building

The author says that the economic impact of the coronavirus is going to make a dramatic appearance in the next Social Security Trustees report.

4 Good Reasons to Start Social Security Early

FedSmith.com author Dallen HawsBy Dallen HawsDec 17, 2020 8:58 AM | Updated: Dec 20, 2020 1:40 PM Categories Retirement Leave a comment

Advice abounds as to why one should wait until a later age to take Social Security, but when might one consider taking it as early as possible?

The Top 5 Retirement Myths

FedSmith.com author Dallen HawsBy Dallen HawsNov 16, 2020 8:16 AM | Updated: Dec 12, 2020 4:34 PM Categories Retirement Leave a comment

The author summarizes five common misconceptions federal employees frequently have about their retirement benefits.

How Much Income Will You Have in Retirement Under FERS?

FedSmith.com author Dallen HawsBy Dallen HawsNov 6, 2020 12:43 PM Categories Retirement Leave a comment

There are three main sources of income in retirement under FERS. How much income can a federal retiree expect to get from these?

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Daily TSP Performance

April 22, 2026

Fund Last % YTD
G Fund $19.8441 +0.01% +1.31%
F Fund $21.0219 +0.10% +0.67%
C Fund $114.6014 +1.05% +4.65%
S Fund $109.2815 +0.39% +8.84%
I Fund $61.2747 +0.44% +10.42%
L Income $30.1117 +0.22% +2.97%
L 2030 $60.7551 +0.42% +4.57%
L 2035 $18.6033 +0.50% +5.23%
L 2040 $71.5568 +0.55% +5.56%
L 2045 $19.8537 +0.58% +5.85%
L 2050 $44.1040 +0.62% +6.14%
L 2055 $22.9687 +0.74% +7.18%
L 2060 $22.9660 +0.74% +7.18%
L 2065 $22.9632 +0.74% +7.18%
L 2070 $13.6099 +0.74% +7.18%
L 2075 $11.8883 +0.74% +7.18%
Get detailed TSP data at TSPDataCenter.com

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