The 2023 contribution limits have been released by the IRS, and are in-line with earlier projections. Also, an update on the June TSP transition and how online accounts are getting hacked. Regarding next year’s limits on TSP contributions, prior projections ... Read More

This week’s quiz is all about retirement, how states tax benefits, and the upcoming COLA UPCOMING TAXES WEBINAR [ays_quiz id=”29″] Federal Employee Retirement Benefits Quiz

Part 3 of a 3-part series on federal employees who occupy positions that are subject to “special provisions.” The third job on the list is Air Traffic Controllers (ATCs). An ATC, or Air Traffic Control Specialist, is considered to be ... Read More

OPM has announced 8.7% COLA for CSRS, meaning 7.7% COLA for FERS annuitants. Edward A. Zurndorfer The Office of Personnel Management (OPM) recently announced the 2023 cost-of-living adjustment (COLA) for CSRS and FERS annuitants. The COLA will be effective December ... Read More

After a few hiccups in May and September, then delays caused by a hurricane, NASA plans to launch Orion spacecraft to Moon in November. Back in March, at the Kennedy Space Station in Florida, the Orion spacecraft and its rocket ... Read More

Depending on when you first attained your FLTCIP plan, you’re either partially or fully covered if you need Long Term Care (LTC) coverage internationally. There are 265,000 enrollees in the Federal LTC Insurance Program (FLTCIP). Unlike similar benefits available to ... Read More

Items of pending legislation that Congress could still vote on: Schedule F, Eliminating the WEP, and more. There are several prospective pieces of legislation that, if passed, could have a significant effect on some or all civilian federal employees. While ... Read More

This week’s quiz covers FEHB, the CFC, and Excess Contributions FEHB & MEDICARE WEBINAR [ays_quiz id=”28″] Quiz for Federal Employees and Retirees

November 1st is when the I-bond’s rate is expected to drop from the 9.62% rate that was established in May. Treasury savings bonds issued by the Federal Government are considered some of the safest investments because they are backed by ... Read More

The 8.7% Cost-of-Living Adjustment (COLA) will also apply to CSRS and CSRS-offset retirees while FERS retirees will see a COLA of 7.7%. As predicted a few weeks ago, the 2023 COLA has officially been revealed at 8.7% for Social Security ... Read More