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Monthly Archives: October 2023

2024 Federal Pay Raise Update

10/31/2023
5.2% Raise in Jeopardy? What US Congress, shutdown threat, and the new speaker has to do with next year’s pay raise. The Fed15 Podcast (Ep. 20): 2024 Federal Pay Raise Update This week, Dan and Katelyn have a recap of ... Read More

An Annuity That Can Help Lower TSP & Traditional IRA RMDs

10/30/2023
Learn about an annuity that can help reduce required minimum distributions (RMDs) Many individuals are not comfortable with annuities. A major reason for this not being comfortable with an annuity is due to a lack of knowledge as to how ... Read More

FedLife Podcast: Why You Should Fill Out Your Beneficiary Forms

10/27/2023
See what message from the STWS inbox had both Ed and Dan flabbergasted. This episode is all about the importance of beneficiaries – including contingent vs. successor. ESTATE PLANNING WEBINAR FedLife Podcast (ep. 105): Why You Should Fill Out Your ... Read More
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FERS Special Retirement Supplement: Eligibility & Benefit Overview

10/26/2023
Understanding the FERS Special Retirement Supplement Eligible FERS works that retire prior to reaching age 62 have an extra benefit that is designed to supplement social security payments. The Special Retirement Supplement (SRS) may contain features similar to social security ... Read More

Social Security for Feds: The Special Retirement Supplement

10/26/2023
Understanding Social Security for Feds: learn about the Special Retirement Supplement for some feds who retire before age 62. Eligible FERS works that retire prior to reaching age 62 have an extra benefit that is designed to supplement social security ... Read More

Best Dates for Federal Employees to Retire in 2024

10/25/2023
Thinking about retiring from federal service next year? Here are the dates that are optimal for federal employees in 2024. The general consensus among federal employees that the best day of the year to retire is the very last one ... Read More

The Fed15 Podcast: The Unicorn of Financial Planning?

10/24/2023
Time to get spooky? Dan and Katelyn chat about Vampire technicalities before taking a look at FEHB premium increases and Health Savings Accounts. The Fed15 Podcast (Ep. 19): The Unicorn of Financial Planning? Halloween is around the corner. Dan and ... Read More

Federal Employee of the Year Awarded to DoD Employee

10/23/2023
Smaller news stories from around the federal landscape: Space Force breaks record, the 2023 Sammies, and a look at the “America the Beautiful Challenge” In this week’s roundup of news from across federal agencies, we have three smaller stories you ... Read More

Monthly Quiz for Federal Employees: October 2023

10/20/2023
Take our monthly quiz for the federal workforce, then share with your federal friends and family! FEHB & MEDICARE WEBINAR [ays_quiz id=”67″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we ... Read More

FEHB Highlights: Understanding Premiums and Premium Conversion

10/19/2023
Continuing our FEHB series, looking at premiums and the effect on taxes, social security, and other benefits. OPM’s FEHB Handbook is a dense digital document that details all the technicalities around health insurance for active and retired federal workers and ... Read More