Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- Value of Health IT
Shows & Panels
Sequestration and your finances
Monday - 3/11/2013, 9:41pm EDT
Together they look at the impact of furloughs reducing a federal employee's salary by 20%, assuming a one-day-per-week work reduction.
Leins says that, if you normally receive a sizeable tax refund every year, you might consider temporarily reducing your income tax withholding. But this route is recommended only for those whose refund is typically "$1500 or better," says Leins.
As for those living paycheck to paycheck, Jilek says the reduction in income brought on by furloughs should be a "wake-up call." He says this might be an opportunity to re-evaluate your expenses and get rid of those things you do not really need. "In a tough time like this, eBay and Craigslist may become your best friends," says Jilek.