A qualified longevity annuity contract (QLAC) – learn what it is, how it works, and one of the best benefits, lower required minimum distributions (RMDs)! Check Out Our Webinar on Tax Planning for Federal Employees and Retirees- REGISTER HERE FedLife ... Read More
Serving Those Who Serve’s Top of 2023 List
12/28/2023
The most popular articles from 2023 – by “Benefits Ben,” Jennifer Meyer, and Ed Zurndorfer. The most watched “FedLIfe” and “Fed15” podcast episodes on YouTube And lastly, federal pay raise updates and our most taken quiz Top “FEDZONE” Article “SECURE ... Read More
2024 Federal Pay Raise Update: Biden Makes 5.2% Official
12/26/2023
Executive order finalizes long expected 5.2% pay raise for federal employees Congress approved 5.2% for military personnel and the DoD earlier this month 5.2% is an average pay raise when factoring in locality pay President Joe Biden made the 5.2% ... Read More
The Fed15 Podcast: OPM Retirement Services Backlog
12/26/2023
OPM backlog – what the status on the modernization efforts? FERS Disability retirement vs. Social Security Disability Insurance. The Fed15 Podcast (Ep. 27): OPM Retirement Services Backlog Katelyn’s brother is a high school football state champ! Go Bulldogs! Also this ... Read More
Monthly Quiz for Federal Employees: December 2023
12/22/2023
Before checking out for the Holiday break, take our latest quiz for feds! UPCOMING TSP WEBINAR [ays_quiz id=”69″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that ... Read More
DOJ Return-to-Office Mandate Effective in January + Other News
12/21/2023
Federal news round-up: Artemis Mission 3 likely delayed, says GAO. Over 400k feds will be required to work in the office, at least partially, next year. White House injects funds into stalled high-speed rail projects in California. In this week’s ... Read More
2024 TSP Contribution Limits: Choose Your Amount
12/21/2023
Time to think about your 2024 contributions – for younger feds and those closer to retirement. The Thrift Savings Plan (TSP) announced in November the employee contribution limits to the TSP for calendar year 2024. For employees who will be ... Read More
What to Expect in the First Year of Retirement from Federal Service
12/20/2023
Taking a glance at the first year of your federal retirement. What happens in the first four weeks after you’ve officially retired? Six month to nine months after retiring, we explain what to be aware of. At the end of ... Read More
The Fed15 Podcast: When’s the Best Time to Take Social Security?
12/19/2023
Katelyn and Dan are ready for the holidays! This episode goes over when it’s a good time to take social security- 62, FRA, or 70? Then, Katelyn has some good news about November’s TSP performance! The Fed15 Podcast (Ep. 26): ... Read More
Things to Consider When Picking a TSP Beneficiary
12/19/2023
What happens if no beneficiary is named when the account owner passes away? What choices are available to spousal and non-spousal TSP beneficiaries? How to ensure you heirs get the highest net amount from your TSP account. One of the ... Read More