2025 Social Security COLA
• 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%.
• 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%.
NASA Accepting Astronaut Applications, TSP’s I-Fund’s New Index, and More Federal Employee News
The top 5 things that federal employees should keep in mind as their retirement date draws near.
• After a long pause, we’re resuming our deep dive into the FEHB program’s handbook. This article reviews which employees of the federal government are eligible for FEHB, and which…
• 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
It’s a match – Understanding TSP Contributions and Automatic Enrollment, including a TSP matching contribution example.
Government shutdown averted for the fourth time since October 1st. Bill has been introduced to fund the government and end the threat of a closure.
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.
• Which federal employees are eligible for the Federal Employee Group Life Insurance (FEGLI) program? • What to know about dropping and adding FEGLI coverage. • When should feds look…
TSP’s low expense ratios saw a significant uptick starting in 2018. Now the net expense ratio is at its lowest point since before 2020, but still well above 2019 levels.