Benefits

Benefits, News, Retirement, TSP

2023 Annual Contribution Limits For TSP

Since inflation has been at a record high, it has increased the annual TSP contribution limits because they’re subject to annual cost of...

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Benefits

FLTCIP Update: OPM Planning Significant Changes

Considering a series of announcements made in late 2022, it appears that the Office of Personnel Management (OPM) is planning significant...

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Benefits

Overview: The 2023 COLA Increase

You’ve probably read the headlines: the 2023 Cost Of Living Adjustment is the largest increase since 1981. The average retiree collecting...

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Benefits, Retirement

Understanding How Inflation Impacts Purchasing Power

There’s a certain amount of inflation that we learn to live with year after year. If you found a $20 bill that was tucked into a book 20...

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Benefits

2023 FEHB Premiums: Big Increases For Workers & Retirees

The Office of Personnel Management has released the 2023 premium rate charts for the Federal Employees Health Benefits (FEHB) program. For...

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Benefits

The Federal Healthcare Flexible Spending Account Program (FSAFEDS)

According to OPM, in 2022, less than 20% of federal workers employees across participating agencies have enrolled in the FSAFEDS program....

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Benefits, News, Retirement

2023 COLA Predicted To Be Biggest Increase In 40 Years

Mark your calendar – the annual, Social Security Cost-Of-Living Adjustment (COLA) for 2023 will be announced on October 13, 2022....

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Benefits, News

Medicare Part B Premium Lowered For 2023

The good news – Medicare Part B premiums will be approximately $5.20 lower per month than in 2022. According to the Centers for Medicare...

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Benefits, News

What’s Coming Up In 2023 For Federal Workers & Retirees

From a significant pay raise for GS workers and the highest Cost of Living Adjustment (COLA) for retirees in over 40 years, to a 7.2%...

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Benefits

Understanding The Value Of Your Federal Benefits

One of the top reasons you likely decided to work for the federal government is that the benefits package is far better than what the...

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