Federal Pension Advice and Insights

November 21, 2024

For 403b Roth 2025, the IRS has updated the 403(b) contribution limits, providing new opportunities for retirement savings. Here are the key details:

November 18, 2024

The roth ira contribution limits 2025 for both traditional and Roth IRAs remains unchanged at $7,000, with an additional $1,000 catch-up contribution allowed for taxpayers aged 50 and older, bringing their total to $8,000.

November 15, 2024

The Federal Employees’ Group Life Insurance (FEGLI) Program, established on August 29, 1954, is the largest group life insurance program in the world.

November 14, 2024

It’s finally here! You’re eligible to retire, and you’ve confirmed it’s financially feasible. Now, the only question is choosing the optimal retirement date.

November 12, 2024

For Now, the 2025 cola update is that The Social Security Administration (SSA) has announced a 2.5% cost-of-living adjustment (COLA) for 2025, which will impact more than 72.5 million Americans

November 8, 2024

Social Security is a federal program that provides financial support to retirees, disabled individuals, and their families.

November 6, 2024

The 2025 VA disability pay rates will increase by 2.5%, reflecting the Cost of Living Adjustment (COLA) announced by the Social Security Administration. This increase will take effect on December 1, 2024.

November 4, 2024

Are you wondering how many pay periods happen in a year, or how many payroll weeks you can expect, especially if you’re on a biweekly schedule in 2024?

October 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.

October 18, 2024

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

October 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.

October 16, 2024

The Office of Management and Budget (OMB) has advised that federal agencies should plan for a 3% pay raise for civilian employees starting in January 2026.