Even as the U.S. appears to be climbing out of COVID-19, millions of people are in a financial hole because they either lost their jobs, or their jobs just ceased to exist.
For some contractors a $15-an-hour minimum wage is a moot issue. For others, it would have a lot of implications for profits and competitiveness.
Every government employee gets a step-pay increase whether they deserve it or not. Supervisors say too many people aren't suited to their jobs or even unwilling to do them.
President Joe Biden has signed an executive order to increase the minimum wage to $15 an hour for federal contractors
Picking the right time to retire - day and month, not just year - could make a huge difference.
Thrift Savings Plan millionaires, many of whom never expected to make it there, provide some perspective.
In March of 2020, there were 27,212 individuals with $1 million or more in their Thrift Savings Plan accounts. One year later, the TSP millionaires club has grown to 84,808 members.
The issue of hunger in the military and service member families needing food stamps to get by is starting to grab the attention of high-profile lawmakers.
Want to have a million dollars, at least, in your federal Thrift Savings Plan when you retire? Abraham Grungold, a financial adviser and current federal employee, can help you reach that goal.
The Biden administration is expected to propose a 2.7% federal pay raise for civilian employees in 2022, well above the 1% bump workers received this year.
The Army saw a slight increase in its percentage of personally-procured PCS moves in 2020, even as pandemic-related travel restrictions constricted the total number of soldiers moving from one duty station to another.
The Veterans Benefits Administration said it can bring down its backlog of 212,000 pending disability claims to a more manageable level by the end of September.
The USPS 10-year strategy is designed to relieve the agency of $87 billion in net losses it has posted the past 14 years.
Some are feeling optimistic about how federal employees will fare during the Biden administration. But it is too early to guess how exactly that will pan out.
Financial planner Arthur Stein says that many feds don’t understand that their TSP retirement nest egg is not really an investment.