Federal Pension Advice and Insights

Oct 22, 2024

For small business owners and self-employed individuals, the Solo 401(k) and SEP IRA are two of the top retirement plan options. Whether you're a freelancer or running a small business, these plans provide a straightforward way to start saving for retirement while offering significant tax advantages.

Oct 18, 2024

The Military Pay Raise 2025 is a significant topic of interest for active-duty service members, veterans, and military families.

Oct 17, 2024

The recognition of the FERS benefit is good for federal employees. The system provides a special benefit for employees retiring before they qualify to receive Social Security, thereby bridging the income gap.

Oct 16, 2024

After several years of above-average federal pay raises including the 5.2% raise in 2024 (the largest in over four decades) and 4.7% in 2025 federal employees may be facing a sharp reversal. The administration's FY2026 budget directs agencies to plan for a 0% pay raise. Congress is considering alternatives, but the fallout from the 43-day 2025 government shutdown has intensified pressure to limit federal payroll spending heading into 2026.

Oct 11, 2024

The 60-day rollover rule requires you to reinvest money from one retirement account into another within 60 days to avoid taxes and penalties.

Oct 11, 2024

As we near 2025, retirees, government workers, and everyone living on a fixed income are eyeing the Social Security Cost of Living Adjustment (COLA) and federal General Schedule (GS) pay scale updates.

Oct 10, 2024

The Income-Related Monthly Adjustment Amount (IRMAA) is an additional fee that certain Medicare beneficiaries may need to pay on their Part B and Part D premiums.

Oct 9, 2024

Both 401(a) and 403(b) plans serve as retirement savings vehicles to help individuals prepare for their future.

Oct 7, 2024

Learn how 401(k) accounts are treated after death. Discover whether beneficiaries pay taxes, how inherited 401(k)s grow, and key rules to maximize your legacy.

Oct 4, 2024

Below is an estimated 2025 GS pay scale increase​ table for 2025, created by taking the 2024 GS table and applying the anticipated 1.7% salary increase, which will take effect at the beginning of the next calendar year.

Sep 27, 2024

So, what is a 401(k) TPA? When a company sets up a 401(k) or any retirement plan, who manages it—the employer or the employees? That’s where a third-party administrator steps in. They play a critical role in ensuring the smooth management of your retirement plan.

Sep 27, 2024

Both TSPs and IRAs offer Roth options, meaning your contributions are made with after-tax dollars, and withdrawals during retirement are tax-free.