Serving Those Who Serve Logo

Monthly Archives: January 2024

The Fed15 Podcast: How to Improve Your Financial Outlook in 2024

01/30/2024
Some steps to take in January that Feds can take to create a brighter financial future. Do you know how much you are paying in interest? How about earning? And Dan gives a great overview of FEGLI option A coverage. ... Read More

From the FEDZONE Vault: FEHB, TriCare, and Medicare for Federal Employees

01/29/2024
38-page PDF from the FEDZONE Vault by Ed Zurndorfer: “FEHB, Tricare, and Medicare for Federal Employees.”  Click Here to Read FEHB & Medicare Webinar FEHB, TriCare, and Medicare Guide for Federal Employees Click Here to Read Previously Released from the ... Read More

The Ripple Effects of the 2024 Federal Pay Raise – FedLife Podcast

01/26/2024
The 2024 Federal Pay Raise is historic – find out why! Also learn why feds might not see their pay raise until the end of January. Are You a FERS Employee? Don’t miss the next webinar going over your benefits ... Read More

Excess Elective Deferrals When Making Retirement Contributions

01/25/2024
Employees Who Contributed Both to the TSP and to Another Tax-Deferred Retirement Plan During 2023 Need to Beware of Excess Elective Deferrals This column discusses the Internal Revenue Code (IRC) annual limit on elective deferrals. Elective deferrals include both before-taxed ... Read More

Making Catch-Up Contributions to the Roth TSP

01/25/2024
Everything you need to know about the change coming in 2026 thanks to the SECURE Act 2.0 The good, the bad, and the ugly – we take a look at the pros and cons of this change. Regardless – contributing ... Read More
FERS Things First ; image: smiling older man

What Is FERS Pension? Deferred vs. Postponed Retirement Explained

01/24/2024
Understanding What Is FERS Pension: Deferred and Postponed Retirement Federal employees trying to pave their path to retirement should be aware of the age reduction penalties that come with retiring early. Here we explore the cost of two years (mostly ... Read More
FERS Things First ; image: smiling older man

FERS Things First: Age Reduction Penalties

01/24/2024
Understanding deferred and postponed FERS retirement and retiring early. What is the cost of 2 extra years of working? (60 vs. 62) Learn more about age reduction penalties and federal retirement. Federal employees trying to pave their path to retirement ... Read More

The Fed15 Podcast: Financial Planning for Your Federal Retirement

01/23/2024
Dan and Katelyn discuss some shotput before going over the following topics: 2024 GSA reimbursement rates for gas mileage who use a vehicle for federal business. Financial planning for federal employees: Katelyn goes over some tips and reminders. The Fed15 ... Read More

COLA for FECA at 3.3% for 2024 & More Federal News

01/22/2024
A round-up of news from around the federal government: COLA for FECA recipients. And NASA project with private space company burned up in the atmosphere. Also – federal judge says postal worker can carry firearm in federal building. Away from ... Read More

Monthly Quiz for Federal Employees: January 2024

01/19/2024
This month’s quiz for federal employees and retirees. UPCOMING TSP WEBINAR [ays_quiz id=”70″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate ... Read More