Serving Those Who Serve Logo

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

By STWS
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 and retirement plan – 

REGISTER HERE

FedLife Podcast (ep. #111): The Ripple Effects of the 2024 Federal Pay Raise

How to ensure that you are actually receiving the 5.2% you’re entitled to. Also – when your gross salary increases, it results in some positive outcomes for other federal benefits such as FEGLI. Also – why some feds won’t see the pay raise until their second paycheck of the 2024 calendar year.

Featured in this episode:

  • The FEGLI Basic insurance amount and how it is calculated
  • The 2024 federal pay raise is one of the biggest in decades
  • With federal pay, what is a leave year?
  • Why don’t I have the 5.2% pay raise for federal employees?
  • The difference between the pay raise and the COLA for FERS and CSRS

Like and Subscribe on YouTube at YouTube.com/FedLife

“Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC.  Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Lee, Sipe & Associates, Inc. is not a registered broker/dealer and is independent of Raymond James.  Content represents the opinions of the speaker and not necessarily those of Raymond James.  Important Disclosure Information:  https://raymondjames.com/smicd.htm 

2024 Federal Pay Raise ; image: man cheering at pc

Podcast: Ripple Effects of 2024 Federal Pay Raise

PODCASTS

FEDLIFE Podcast

The FedLife Podcast is your in-depth, biweekly deep dive into the world of federal benefits and retirement planning. Hosted by federal benefits expert Ed Zurndorfer and Dan Sipe of Serving Those Who Serve, each 30-minute episode unpacks the complexities of FERS and CSRS retirement, FEHB and Medicare, survivor benefits, tax planning, and more. Designed for federal employees and retirees who want more than just the basics, FedLife goes beyond the headlines to explore the rules, nuances, and strategies that can make a meaningful difference in your retirement. Remember: it’s your Fed life, make it a great one.

 

Image28

FED15 Podcast

The Fed15 Podcast is your weekly 15(ish)-minute briefing on federal benefits and financial planning, built specifically for federal employees and retirees. Hosted by Dan Sipe and Katelyn Murray of Serving Those Who Serve, each episode delivers clear, actionable guidance on topics like FERS and CSRS retirement, TSP strategies, FEHB, survivor benefits, tax planning, and more! Whether you’re five years from retirement or already there, The Fed15 helps you cut through the noise, avoid costly mistakes, and make confident decisions about your federal benefits.

 

Image29

GET MORE FROM YOUR
BENEFITS PACKAGE

SCHEDULE AN INITIAL CONSULTATION TODAY!