Serving Those Who Serve Logo

GSA: Gas Mileage Reimbursement Rates Decreased for 2021

By Benefits Ben
01/08/2021

For employees who use their privately owned vehicle for Government business, Reimbursement Rates for Gas Mileage Dropped Again in 2021

There are several people employed by the Federal Government who have to use a vehicle to perform their duties. As long as a specialty vehicle isn’t required, many have the option to use their own car or van. Even mail carriers for the USPS, especially in rural areas, might be required to use their own automobile- or at least have a choice. When a Federal employee uses his or her car to perform their duties for the country’s civil service, they can get reimbursed for gas and mileage.


COMPLIMENTARY FERS WEBINAR

In 2019, $0.58 was the per-mile rate. Last year, it dropped to $0.575 for every mile ($57.50 per 100.). Now for 2021, the General Services Administration (GSA) has decreased the mileage reimbursement rates again to $0.56 cents per mile. Feds who are eligible for these reimbursements can expect $1.50 less than last year for every 100 miles.

Here are the other 2020 reimbursement rates released by the GSA:

Motorcycle:       

$0.54/mile (down ½ a cent from 2020)

Airplane:             

$1.26/mile (down 1 cent from 2020)

Automobile (when Government Vehicle is Available):    

$0.16/mile (down 1 cent from 2020)

The Coronavirus has impacted fuel prices with less recreational travel and commuting occurring due to social distancing and stay-at-home orders. While the price at the pump might not currently be as low as it was in Spring 2020 at the onset of the pandemic, the cost of gas is still relatively less than it was 12 months ago.

For the 2021 Per Diem rates, click here.

Until Next Time,

Benefits Ben, STWS

The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Serving Those Who Serve writers  and not necessarily those of RJFS or Raymond James. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Investing involves risk and you may incur a profit or loss regardless of strategy suggested. Every investor’s situation is unique and you should consider your investment goals, risk tolerance, and time horizon before making any investment or financial decision. Prior to making an investment decision, please consult with your financial advisor about your individual situation. While we are familiar with the tax provisions of the issues presented herein, as Financial Advisors of RJFS, we are not qualified to render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional. **

GSA Gas Mileage Reimbursement Rates ; image: car at the gas pump

GSA Gas Mileage Reimbursement Rates

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!