Federal Employee Retirement: Best Day to Retire in 2018 Is Approaching

Earlier this year, we covered the best days for FERS retirement. Because FERS benefits kick in on the first day of the next month, the best days to retire each year are the last days of the month. That’s because those who decide to wait until the second or third day of the month for […]

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Get Ready: The 2018 FEHB Open Season Starts Next Month

Now is the time to review your federal health insurance coverage, enroll in insurance plans, and make sure all of your benefits are in order. The Office of Personnel Management (OPM) has set the dates for the 2018 Federal Benefits Open Season (FEHB Open Season), which allows employees to enroll in 2019 benefits programs. Enrollment […]

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House Spending Bill Includes a Federal Employee Pay Freeze

Late summer signifies the start of budget discussions for the 2019 fiscal year. Along with discussing hot-button issues like education spending and the investment in border security, elected officials are trying to determine if federal employees should receive a raise this year or if they should instate a federal employee pay freeze. There’s good news […]

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Do You Need to Pay Taxes on Your TSP Withdrawal This Tax Season?

Spring signifies more than a fresh new year and a break from the cold months of winter, it also means tax season. Most employers and government agencies were required to send forms to employees and citizens by January 31, meaning you likely received forms to help you file. The deadline to file your taxes this […]

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OPM Retirement Claims Backlog Continues to Grow

The Office of Personnel Management (OPM) has struggled to fill the retirement backlog most of the year, but it continues to rise as the office is overwhelmed with new submissions. The retirement claims backlog has the potential to delay the retirement of federal employees, preventing organizations from balancing their budgets and reaching their staffing goals. […]

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Congress Approves 2.4% Pay Raise for Service Members

Members of Congress and the President are working together to finalize the federal budget and approve a pay raise for service members and federal employees. Within the budget, pay increases for military personnel, in particular, were recently discussed and a substantial increase was approved. The proposed increase can significantly change the federal budget as well […]

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The GSA Announces Updated Per Diem Rates for Federal Travelers

The General Services Administration recently announced its per diem rates for federal travelers that are effective October 1, 2017. These rates set the average lodging cost that employees can charge the government for using. The major change with these guidelines affects the standard per diem rate, which was increased from $91 to $93. Unless a […]

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What Employees Can Expect from 2018 Federal Employee Raises

The final months of the calendar year are a tumultuous time for any president, but particularly for a new one. Along with the budget proposal and debt ceiling coverage, the president also issues a proposal for annual federal employee raises. This proposition was due at the end of August, and President Trump submitted a 1.9% […]

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Federal Retirement Quiz

Are You Ready To Retire? Preparing to retire is a daunting process, especially if you don’t have a secure retirement plan in place. Many federal employees don’t have a special retirement supplement in place, or why it’s beneficial to contribute to your TSP. We have created a custom federal retirement quiz that will help you […]

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FEGLI Open Enrollment Quiz

Is FEGLI Open Enrollment Right For You? For the first time since 2004, FEGLI open enrollment will be available for all Federal employees in September 2016. Navigating federal insurance can be confusing, and many Fed workers may not know if FEGLI is the right choice for them. The team at MyFEDBenefits has created a FEGLI […]

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