Pay & Benefits
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While there is a lot of interest in those who are self-made Thrift Savings Plan millionaires, the fact is most investors will never hit seven-figure status.
January 20, 2020 -
But the one way to anger many feds is to tell them or remark that they are lucky to have such a good pension — then stand back.
January 16, 2020 -
Have you had the long term care insurance talk with your spouse or significant other, or your kids? How about with yourself, can you handle a reality check?
January 15, 2020 -
The Office of Personnel Management is currently drafting regulations needed to implement the Federal Employee Paid Leave Act. Members of the public will have a chance to comment on those regulations, due sometime in late spring.
January 10, 2020 -
For many January is a hope-springs-eternal transition time. But there are things members of the federal family can, and should, be doing that will save money.
January 10, 2020 -
A group of Senate Democrats, led by Minority Leader Chuck Schumer (D-N.Y.), has introduced a bill that would ensure all federal employees, including those at the Federal Aviation Administration, Transportation Security Administration and non-judicial workers at the District of Columbia courts, have access to new paid parental leave benefits.
January 08, 2020 -
While your income will likely go down in retirement, moving to a more tax-friendly state could increase the cash value of your annuity.
January 08, 2020 -
Federal workers this month are getting a 3.1% total pay and federal-postal retirees are getting a 1.6% cost of living adjustment.
January 03, 2020 -
Ask yourself if, when you start tapping your TSP you’ll be glad you invested pre-tax, or do you wish you had taken the Roth option?
December 31, 2019 -
Turns out not all federal employees are covered. Tens of thousands of air traffic controllers are among those who technically don't have access yet to this new benefit.
December 27, 2019 -
Lots of people who live in high tax states relocate for retirement.
December 27, 2019 -
Just about everybody knows the stock market is long overdue for a correction of 20% or more — maybe a lot more.
December 23, 2019 -
With little time to spare before the deadline, President Donald Trump signed two shutdown-averting spending bills into law and a 3.1% federal pay raise. He also signed the annual defense authorization bill, which includes a new paid parental leave program for most federal employees.
December 20, 2019 -
Only about 12,300 service members will receive cost of living adjustments in 2020.
December 20, 2019 -
White collar federal civil servants are on track to get a 3.1% pay raise next year — the largest in a decade for 1.2 million civil servants.
December 20, 2019