Yesterday the President signed an executive order implementing the Congressionally approved federal employee pay increase for the 2020 calendar year. Federal News Network explains why and by how much the pay raise depends on the employee's work location.
FEHBP Open Season changes take effect on January 1 for annuitant enrollees and the covered family members and on the first day of the first full pay period in January for employed enrollees. In 2020, that Open Season effective date for employees falls on Sunday January 5.
The Journal of Accountancy helpfully outlines the federal tax changes made by the final FY 2020 spending bills.
The Society for Human Resource Management discusses the Internal Revenue Services overhauled W-4 form which employees use to calculate tax withholding.
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