Your Federal Life

A new month, and always a good time to review your savings and investment strategy. The markets continue to swoon. So it's also a good time to remind yourself that long term, if you stick to a solid strategy, that million dollar TSP account will add up for you, too. Financial advisor Art Stein gave me some perspective on the 35-year-old program. Plus, Certified financial advisor Art Stein. You can...

On today's episode, our coverage of a union rally last week near the Capitol to support a bill to give federal employees an 8.7% raise next year. Also, Back in 2016, Congress passed and President Obama signed into law the Administrative Leave Act. It was supposed to cap how long federal employees can stay on paid administrative leave. Backers at the time said that administrative paid leave was cos...

Today we've got news for federal retirees, so listen up. Lawmakers are trying to change a couple things about the annual cost-of-living adjustments—or COLAs. They've reintroduced bills to get it done. One would give FERS retirees a full COLA. And the other would change how the COLA is calculated in the first place. They’ve both been introduced before, and would have big implications for federal re...

With the stock market continuing to fluctuate wildly, many feds still wonder what is a wise retirement investment strategy. Federal employees and retirees continue to deal with the web site of the Thrift Savings Plan and it difficult or missing functionality. For some insight, Federal News Network's Tom Temin spoke with a successfully retired federal manager, now an investment consultant, Abe Grun...

By nearly all measures, 2022 was a terrible year for the average investor. Inflation and a host of badly-received public policies sent both stock and bond markets in bear territory. All of the Thrift Savings Plan funds, with the exception of the basically flat G-Fund, declined. For a review and some things t o think about for the year ahead, Federal News Network's Tom Temin spoke with certified fi...

In today's episode, I got the low-down on pension policies for the spouses of members of the military reserve from the managing partner of the Tully Rinckey law firm, Tony Kuhn. Plus, the Office of Personnel Management wants to completely refresh its main website, and O-P-M's Chief Information Officer tells Federal News Network's Drew Friedman that visitors will more easily find answers to questio...

In today's episode, we hear from financial consultant Abe Grungold. The retired 38-year federal employee says users are still having issues with the new interface to the Thrift Savings Plan, which launched last June. And we hear from the TSB Board's Kim Weaver, who describes updates and other improvements planned for this year. And a short commentary from Federal News Network's workforce reporter,...