Having federal retirement benefits does not guarantee that you’ll have an amazing retirement. But it does give you an advantage that private sector employees don’t have. Long story short, you are probably doing better than you thought. The Big Two A federal job comes with lots of perks but there Read more…
Pay Raise of 5.2 Percent in 2024 In December of 2023, the White House signed an executive order to increase the average pay raise by 5.2 percent. The executive order became effective on January 1, 2024, and implemented on the first biweekly payroll cycle (January 14, 2024). This 5.2 percent Read more…
Federal employee discounts are available at the following sources: General Resources Apple – Discounted products for yourself and your immediate family. Dell– Discount is available to military members with a .mil email address. Gift Baskets Overseas – Federal employees have a 10% discount. Govx.com – Discounts for Federal employees. ID.me Read more…
Here are the federal holidays for the year of 2024. We hope you enjoy all these days off and celebrating with loved ones.
I’ve got good news and bad news. Bad news: Some federal employees will be forced into Medicare whether they want to or not. Good news: But for now, this new rule only applies to USPS employees. But if it goes well then they’ll probably come for everyone Read more…
https://youtu.be/jph5RZNWBkk Your TSP (Thrift Savings Plan) is an awesome place to save for retirement and get tax benefits. But what happens to your TSP when you die? Where does it go? Who has to pay taxes/penalties? When do they have to withdraw it? This article will help Read more…
https://youtu.be/N53di8zrE4E How much do you need in your TSP for a great retirement? 1 Million? 2 Million? Or 200k or 500k? Every “expert” seems to have a different answer. And it is all very different for federal employees who also have pensions, Social security, and more. Read more…
https://youtu.be/LUiUTpxXtAs All happy and successful retirees tend to have a lot in common with each other. But unhappy retirees tend to also share habits amongst themselves that make their retirements painful. Having a great retirement is a mixture of doing the right things while also avoiding pitfalls. Read more…
https://youtu.be/c0ClawiMchk Question Both my husband and I work for a VA. I will be retiring soon but he will still be working for a couple years after me. I plan on providing a survivor benefit for him because he will only have worked for the VA for 5 years so Read more…
https://youtu.be/_Wf04VX3sAg Retirement’s most popular nickname is the “Golden Years”. And it really can be golden. But many still describe going into retirement as “walking off a cliff” or “walking into the unknown”. Doing something new after a 20-40 year career is always nerve racking but to help Read more…
