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Federal Pay Raise 2024

05/25/2023
The National Federation of Federal Employees (NFFE) voiced support for RAISE Act, urging members to contact congress. Also, pay cuts hit 2/3 of rural letter carriers. The annual raise for federal employees typically gets approved by the President through an ... Read More

Public Service Recognition Week 2023: May 7 to 13

05/09/2023
It’s that time of year again to honor and celebrate the country’s public servants, including members of the federal workforce. The first full week of May is annually designated as Public Service Recognition Week (PSRW). This year it takes place ... Read More

Important Age and Service Milestones for Federal Employees

05/05/2023
A list of milestones that feds can use as a guide to make sure they’re on track for retirement planning. Federal employees reach stages of their federal service in which they achieve age and service milestones. The following is a ... Read More

Understanding Hazard Pay for Federal Employees

04/27/2023
A quick look at the rules and restrictions surround hazard pay for the federal workforce. This article is for feds who are paid by the General Schedule (GS), not those who are paid under the wage system, although they do ... Read More

Five Important Facts to Remember About CSRS

04/18/2023
The Civil Service Retirement System – here’s a list of fast facts that you should keep in mind. Welcome to part two of our series of “listicles.” We’ll be going over 5 key points to remember for several areas of ... Read More

FedLife Podcast: How the IRS Taxes FERS and CSRS Annuities

04/13/2023
In this episode, Ed Zurndorfer joins Dan Sipe to explain how the IRS taxes federal government pensions for CSRS and FERS employees.  UPCOMING TAXES WEBINAR FedLife Podcast (Ep. 94): How the IRS Taxes FERS and CSRS Annuities When employees retire, ... Read More

2024 COLA for FERS, CSRS, and Social Security Could Be Significantly Lower

03/29/2023
After an 8.7% COLA for 2023, read the latest on inflation and interest rates – indicating a much lower adjustment next year. Over 70 million Americans receive either Social Security benefits or Supplemental Security Income (SSI) payments from the Social ... Read More

How Survivor Benefits of Deceased Federal Employees and Annuitants Are Taxed

03/16/2023
How the IRS Taxes the Surviving Spouse Benefits of Deceased Federal Employees and Annuitants Ed Zurndorfer – Unfortunately, over the years there have been married federal employees who died while in federal service or after they have retired from federal ... Read More

2024 Federal Pay Raise Update: White House Budget Says 5.2%

03/13/2023
The White House’s proposed budget for 2024 was released last week, recommending a 5.2% pay raise for federal employees. On Thursday, March 9th, the Biden administration released its recommended budget for the fiscal year 2024, which included a suggested pay ... Read More

Federal Benefits Quiz: COLAs, Beneficiaries, and Special Salary Rates

03/10/2023
Our weekly quiz focuses on the current COLA outlook, designating beneficiaries for your federal benefits, and the anticipated Special Salary Rate on the horizon for IT workers. Try These Quizzes Next! Quiz #46 Quiz #45 Quiz #44 [ays_quiz id=”47″] FedLife ... Read More