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civil service retirement system

A ‘diet COLA’ for FERS retirees has compounding effects on retirement savings

A reduced cost-of-living adjustment, or “diet COLA,” for FERS retirees can create a much larger difference in retirement savings over time.

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TSP

Many federal retirees to receive 3.2% in 2024 COLA, but not everyone gets the same adjustment

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Thrift savings plan TSP written on a piggy bank.

A slightly-past-mid-year review of your Thrift Savings Plan investment returns

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TSP

How come so few federal employees actually are TSP millionaires?

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Amelia Brust/Federal News NetworkTSP errors

An update on the TSP website

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Intelligence Congress Spanberger

The latest legislative attempt to get a better retirement deal for certain feds

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Thrift savings plan TSP written on a piggy bank.

Now in its 35th year, the Thrift Savings Plan offers a lot of investment lessons

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(AP Photo/Patrick Semansky)FILE - In this June 12, 2019, file photo, clouds roll over the U.S. Capitol dome as dusk approaches in Washington. The committee charged with helping Republicans wrest control of the House next year raised $45.4 million over the last three months, a record quarterly haul during a year without a national election. (AP Photo/Patrick Semansky, File)

Reintroduced bills aim to fix hiring process, Social Security benefits for feds

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Amelia Brust/Federal News Network

For 2023, federal retirees will see largest COLA increase in over 40 years

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(Getty Images/iStockphoto/Lucky7trader)White piggy bank on the car, Money-saving concept for insurance, or traveling during retirement.

Inflation and your retirement date

If you are planning on retiring soon (this year or next) have you thought of the lifetime impact of long-term inflation on your diet-COLA annuity?

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TSP

Top news: Ukraine, The Monarchy or an 8.3% raise for 74 million Americans?

For a huge chunk of the U.S. population, the big deal is that more than 73 million people will soon be getting their biggest catch-up with inflation increase…

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(Amelia Brust/Federal News Network)

Is this the year you retire or get promoted?

Federal Report

With so many feds retirement-eligible, many are likely crunching the numbers to decide if it is better to be retired from government than working for it. Both financially and emotionally.

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