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Monthly Archives: July 2022

2023 COLA for Social Security, FERS, and CSRS Keeps Climbing

07/18/2022
Updated inflation numbers suggest largest COLA since 1981 saw 11.2% – and 2023’s Cost-of-Living Adjustment (COLA) could get even higher. Just a few weeks ago, our COLA update indicated that next year’s adjustment was estimated to be between 7.3% and ... Read More

Quiz 14: IT Workforce, TSP, and July 4th Trivia

07/15/2022
The latest quiz for federal employees. [ays_quiz id=”14″] Quiz for Federal Employees: IT Workforce, TSP, and July 4th

Rules for Continuing FEHB After Retiring from Federal Service – Part II

07/14/2022
Rules for Continuing FEHB Program Health Benefits After Retiring from Federal Service – Part II < PART I Edward A. Zurndorfer This is the second of two FEDZONE columns discussing the requirements that a federal employee must fulfill in order ... Read More

Moving TSP Money to G-Fund? Here’s Why You Should Proceed with Caution

07/14/2022
What you should consider before moving TSP money to the G-Fund Have Questions? Sign Up for Our No-Obligation TSP Webinar, Hosted by Ed Zurndorfer: Click Here to Register For both stocks and bonds, 2022 has not been a great year. ... Read More

Fed Life Cycle: Final 1-3 Years Before Retirement- The Home Stretch.

07/13/2022
Jennifer Meyer continues her Fed-Life-Cycle series, reviewing what Feds need to prepare for pre-retirement. Jennifer Meyer, CFP© Complimentary Webinars: Register Here Jen, I followed your articles and I MADE IT!!!!!.  Nothing left to do but turn in the papers now, ... Read More

Halfway through 2022: A Look at the OPM Backlog of Retirement Claims

07/12/2022
The hefty backlog of retirement claims to be processed by OPM reached its lowest point of 2022 at the end of June, but remains above last year’s levels. Ready to Retire? FERS Benefits Webinar CSRS Benefits Webinar In a recent ... Read More

Rules for Continuing FEHB After Retiring from Federal Service – Part I

07/11/2022
Rules for Continuing FEHB (Federal Employee Health Benefits) After Retiring from Federal Service – Part I This column is the first of two FEDZONE columns discussing the requirements that a federal employee must meet in order to continue their Federal ... Read More

2023 Federal Pay Raise Update: House Committee Endorses 4.6%

07/08/2022
White House’s recommendation of 4.6% federal pay raise for 2023 gets past House committee. Ready to Retire? FERS Benefits Webinar CSRS Benefits Webinar The government spending bill for fiscal year 2023 made it through the House Appropriation Committee on June ... Read More

Thrift Savings Plan Monthly Recap: June 2022

07/07/2022
TSP Update for Month Ending June 2022: The Thrift Savings Plan’s rough year continues. The S-Fund has fallen almost 30% since 12 months ago. Jennifer Meyer, CFP© Complimentary Webinars: REGISTER HERE For TSP participants, the month of June brought continued ... Read More

New Cyber Workforce Will Work With Multiple Agencies

07/06/2022
Recently passed bill tasks OPM with setting up “rotational” cyber workforce.             The previous month was a busy one on Capitol Hill as January 6th hearings stole most of the media’s attention, along with a ... Read More