Biden Signs Order Finalizing 5.2% Pay Raise For Feds in 2024
Source: Government Executive
The measure confirms that the federal workforce will see its largest pay increase in more than 40 years.
President Biden on Thursday issued an executive order implementing his plan to provide civilian federal workers with an average 5.2% pay raise next month. Click HERE to read the full article.
2024 General Schedule Base Pay Table
Click HERE for full chart
5 Things the TSP Doesn’t Let You Do
You’ll have to decide if you value simplicity or flexibility when choosing where to keep your retirement money. The TSP (Thrift Savings Plan) is really good at a lot of things, but not everything. While you’re working the TSP is hard to beat. It is simple and has high quality, low-fee investment options. But when you retire the story changes. Click HERE to read more.
The Internal Revenue Service has increased the vehicle mileage rate for 2024 when using a personal vehicle for business purposes. The rates are used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Click HERE to find out more.
End-of-Year Tax Planning Strategies
As the end of the year approaches, these are some options to help you save on taxes. Follow link to read further. https://lnkd.in/enCnhYVh