After an 8.7% COLA in 2023 and a 3.2% adjustment in 2024, the downward trend is expected to continue for Social Security’s 2025 COLA. Current estimates predict 2.4%. Retired federal employees receiving a CSRS pension receive the same cost-of-living adjustment ... Read More

The top 5 things that federal employees should keep in mind as their retirement date draws near. Before pulling the trigger and submitting your retirement application to OPM’s iron mountain, there are some important items to make sure you understand ... Read More

Financial Planning for Federal Employees – Jen Meyer goes over the Top 5 things to consider when developing a federal financial plan. Jennifer Meyer, CFP© One of the most fulfilling aspects of my career is functioning as a financial teacher. ... Read More

What is a NAF federal employee? What is the difference from a regular federal employee? Learn about the benefits, retirement options, and more! Check Out Our Next Webinar on Financial Planning for Federal Employees – REGISTER HERE FedLife Podcast (ep. ... Read More

Age Milestones for Federal Employees and Retirees with Respect to Federal Income Taxes When it comes to minimizing an individual’s annual federal income tax liability, there are age milestones that can affect an individual’s eligibility for tax benefits, tax deductions ... Read More

Who is funding FERS? In October of last year, there were slight changes to the amount agencies contribute to the Federal Employee Retirement System (FERS). Employees and the US government fund the rest.  Both CSRS and FERS pensions are backed ... Read More

Learn the advantages of making 2023 IRA contributions before the April deadline. Although the December 31,2023 year-end deadline has passed for almost all IRS tax breaks, there is still one tax break that may be available to some federal employees ... Read More

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

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

How Non-appropriated Fund (NAF) Service Affects Civil Service Retirement A Nonappropriated Fund (NAF) employee is an individual who is employed in and receives compensation from a Nonappropriated Fund Instrumentality (NAFI). NAF employees are federal employees, but they are not covered by ... Read More