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 Fed15 Podcast: Top 5 Things You NEED for a Federal Financial Plan
04/02/2024
Top high-impact items that can help federal employees develop a sturdy financial plan. Also – Katelyn reviews the best (and WORST) accounts for inheritances. The Fed15 Podcast (Ep. 41): Top 5 Things You Need for a Federal Financial Plan Dan ... Read More
Top 5 Points to Consider as Your Federal Retirement Date Approaches
03/27/2024
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
Retirement Federal Financial Planning: 5 Things You Need
This month’s quiz for federal employees and retirees: UPCOMING TAXES WEBINAR [ays_quiz id=”72″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate ... Read More
2025 Federal Pay Raise: White House Budget Update
03/13/2024
The White House published its budget proposal this week for fiscal year 2025 and indicates a lower pay raise for federal workers than the past few years The Biden Administration released its recommended budget for the upcoming fiscal year. It ... Read More
The Fed15 Podcast: The Most Misunderstood TSP Funds
03/12/2024
We’ve got Olympics talk and Katelyn discusses her local theatre scene. Then, Dan goes over the two misunderstood TSP funds, the S and I. Then, who funds your FERS retirement? The Fed15 Podcast (Ep. 38): The Most Misunderstood TSP Funds ... Read More
The Fed15 Podcast: The Golden Goose of Federal Retirement Dates
03/05/2024
This week’s episode is about mapping out your retirement from the federal government in the 2020s and understanding the Federal Employee Group Life Insurance (FEGLI) program The Fed15 Podcast (Ep. 37): The Golden Goose of Federal Retirement Dates Best days ... Read More
Understanding FERS Contribution
02/28/2024
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
Estimating the 2025 Federal Pay Raise
02/20/2024
Congrats to Katelyn’s brother, who signed to a division one school! This week’s episode covers the TSP’s lackluster performance in the first month of 2024. Also – how the FAIR Act is an early indicator of the following year’s pay ... Read More