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Monthly Archives: May 2024

Should Federal Employees Consider the TSP Mutual Fund Window?

05/16/2024
Approaching the 2-year anniversary of the TSP mutual fund window, we review if feds should reconsider “opening” their investment window. In June of 2022, the Thrift Savings Plan (TSP) opened a “mutual fund window” that expanded the investment options from ... Read More

Military Service Credit Rules for Federal Retirement – Part I

05/15/2024
 This is the first of two FEDZONE columns discussing military service credit rules for federal retirement under both the CSRS and FERS retirement systems Military service includes active-duty service in the Army, Navy, Air Force, Marine Corps and Coast Guard ... Read More

The Fed15 Podcast: What Does It Mean to Prioritize Your Pension?

05/14/2024
Federal employees under both FERS and CSRS won’t want to miss this episode with financial planning tips about your pension, the TSP, and more! The Fed15 Podcast (Ep. 47): What Does It Mean to Prioritize Your Pension? Dan and Katelyn ... Read More

Federal Pay Raise 2025

05/13/2024
Federal employees can anticipate a 2.0% for the 2025 Federal Pay Raise – will this keep pace with inflation? As we covered in a previous article, the White House suggested 2% for next year’s federal salary increase in the Biden ... Read More

Public Service Recognition Week since 1985

05/09/2024
Public service recognition week (PSRW) has been celebrated the first week of May since 1985 Honoring federal, state, country, local, and tribal government employees, the first full week of May is Public Service Recognition Week. Leaders across all governments are ... Read More

Cost of Living Adjustments: How COLAs Work for FERS Annuitants

05/08/2024
Understanding Cost-of-Living Adjustments (COLAs) – Part II – How COLAs Work for FERS  Federal annuitants and survivor annuitants receive cost-of-living (COLAs). COLAs are set by law. This is the second of two FEDZONE columns discussing the calculation of COLAs for ... Read More

The Fed15 Podcast: How the TSP is Taxed and Some Financial Tips

05/07/2024
• This week’s episode goes over the many TSP withdrawal types and how each gets taxed differently. Plus, Dan’s got some helpful financial tips for feds. The Fed15 Podcast (Ep. 46): How the TSP is Taxed and Some Financial Tips ... Read More

What to Know About the TSP Performance Dip in April

05/06/2024
Thrift Savings Plan Monthly Update for April 2024, by Jennifer Meyer, CFP®, ChFEBC℠, AIF® Jennifer Meyer, CFP© Stocks took a breather in April after a remarkable five month run beginning in November 2023. Four of the five core funds were ... Read More

FedLife Podcast: Tax Credits for Your Child’s Education

05/03/2024
Join Dan and Ed as they unlock the potential of college savings accounts for a brighter future! Check Out Our Next Webinar on Tax Planning for Federal Employees – REGISTER HERE FedLife Podcast (ep. #118): Tax Credits for Your Child’s ... Read More

Changing Coverage: Open Seasons, Physicals, & FEGLI Qualifying Life Events

05/02/2024
Federal Employees elect to enroll in FEGLI Options A, B, & C when first eligible, but adding it later can get tricky- Open Seasons, Physicals, & FEGLI Qualifying Life Events Upon entering federal employment, eligible individuals are automatically signed up ... Read More