With a possible government shutdown looming, federal employees and retirees are asking questions of how it affects their pay, leave and annuity payments more…
Lawmakers Urge White House for 4.5% Pay Raise in 2025
House and Senate Democrats are asking the White House for a larger 2025 pay pay raise than it planned to authorize than for civilian federal employees more…
Higher TSP Catch-Up Contribution Limits in 2025 for Some Participants
Effective January 1, 2025, the catch-up contribution limit for TSP participants turning ages 60, 61, 62, or 63 will increase more…
Differences Between FSA, HSA and HRA
Differences between a Flexible Spending Account, Health Savings Account, and Health Reimbursement Account in the Federal Employees Health Benefits (FEHB) program more…
How Health Savings Account Contributions & Distributions Work
HSAs are a tax advantaged way for federal employees and retirees to pay their qualified medical expenses. Ed Zurndorfer outlines how HSA contributions and distributions work, including practical examples more…
Tax Savings with FEHB, FEDVIP and Health Care Flexible Spending Accounts
Ed Zurndorfer discusses the important tax savings associated with the Federal Employees Health Benefits program, the Federal Employees Dental and Vision Insurance Program, and the health care flexible spending accounts (HCFSAs) offered through FSAFEDS more…
TSP Launches Growth Potential Tool
The Thrift Savings Plan launched a “Grow with the TSP” web page to highlight the potential growth that’s possible in accounts. more…
2025 Federal Pay Raise: White House Releases Alternative Pay Plan Letter
The plan proposes an the across-the-board 2025 federal employee pay raise of 1.7 percent and locality pay increases will average 0.3 percent, resulting in an overall average increase of 2.0 percent for civilian federal employees more…
Eligibility and Calculation of the FERS Retirement Annuity Supplement
The retiree annuity supplement is a monthly benefit paid to certain employees under the Federal Employees Retirement System who retire from federal service before age 62 under the FERS immediate retirement rules. Ed Zurndorfer outlines the eligibility rules and how to estimate the supplement more…
Thrift Savings Plan Launching New Lifecycle (L) Fund
Starting July 26, 2024, TSP participants will have will have eleven Lifecycle (L) Funds to choose from instead of the ten currently available more…