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Monthly Archives: February 2024

Monthly Quiz for Federal Employees: February 2024

02/16/2024
This month’s quiz for federal employees and retirees: UPCOMING FEGLI WEBINAR [ays_quiz id=”71″] **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

Average Expense Ratio of TSP Funds Sees Slight Decrease

02/15/2024
TSP’s low expense ratios saw a significant uptick starting in 2018. Now the net expense ratio is at its lowest point since before 2020, but still well above 2019 levels. Since its inception in the late 1980s, the Thrift Savings ... Read More

Representative Gerry Connolly: Fighting for Feds

02/14/2024
A congressman since 2008, Gerry Connolly has been a fighter for the federal workforce Along with introducing the FAIR act every year, there are numerous bills he has sponsored or co-sponsored that support the benefits and rights of federal employees, ... Read More

The Fed15 Podcast: What to Know About FEGLI After Retiring

02/13/2024
One thing every fed should NOT do with their FEGLI basic upon retirement. Also, tax benefit for first responders doubled in 2024! Katelyn breaks it down in this episode. The Fed15 Podcast (Ep. 34): What to Know About FEGLI After ... Read More

FERS Annuity Supplement Is No Substitute for the Enhanced FERS Annuity

02/12/2024
Ed dives deep into why waiting until 62 to retire might be the best option for FERS retirement Federal employees who are covered by the Federal Employees Retirement System (FERS) and who retire before age 62 under the immediate FERS ... Read More

FedLife Podcast: HCFSA Reimbursement of Transportation Costs and More

02/09/2024
Learn some great tips from when Ed was in federal service. How health care flexible spending accounts (HCFSA) can be a game changer for feds. Can you enroll in an HCFSA with TriCare insurance? Are You a covered by an ... Read More

Report from Congress: Telework Policies, Shutdown Countdown, and More

02/08/2024
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. Recent news ... Read More

Few Adults Can Afford the Cost of Long-Term Care and How to Finance It

02/07/2024
What federal employees need to know about long-term care expenses. The Kaiser Family Foundation (KFF), a non-profit foundation that does research and communications programs, focuses on major health care issues in the United States. Its goal is to be an ... Read More

The Fed15 Podcast: Making Catch-up Contributions to the Roth TSP

02/06/2024
Congrats to Dan’s son, who was recently married! This week – the importance of the Roth TSP and the new requirement taking effect in 2026. Then, Dan goes over the cost of retiring at age 60 compared to retiring at ... Read More

Stagnant Start to 2024 for the Thrift Savings Plan

02/05/2024
Thrift Savings Plan Monthly Update for January 2024, by Jennifer Meyer, CFP®, ChFEBC℠, AIF® Jennifer Meyer, CFP© After a tremendous rally into the end of 2023, the first month of 2024 has brought some cooling to markets. In my opinion, ... Read More