The foreign tax credit is an IRS tax break that offsets tax paid to other countries. Ed Zurndorfer explains how some federal employees may qualify for it, and the IRS reporting requirements more…
Main Content
Choosing the ‘Perfect’ Day to Retire
Chris Kowalik presents how not to let short-sighted decisions ruin your big day. Your retirement date affects your pension, leave, and other benefits — as well as income taxes more…
2025 Federal Retiree COLA Watch – FERS / CSRS / Social Security
Follow the trend for the 2025 cost-of-living adjustment for those under the Civil Service Retirement System and the Federal Employees Retirement System. The 2024 federal retiree COLA was announced in October… more…
2025 Federal Pay Raise of 2% Proposed in White House Budget
If implemented, this would be the smallest pay raise in the last 3 years. Some House and Senate Democrats are proposing a 7.4% increase for 2025. more…
Understanding the Child and Other Dependent Tax Credit
Many federal employees may not be aware that they could be eligible to claim on their federal income tax returns the Child Tax Credit (CTC) of up to $2,000 per qualifying child. discusses the CTC and the equivalent “other dependent” tax credit (ODC) more…
Guides & Helpful Resources
10 Most Common Mistakes to Avoid When Purchasing Life Insurance
Ed Zurndorfer outlines errors individuals often make when purchasing and owning a life insurance policy
2024 Health Insurance Plan Options & Comparison Tools
Get the latest the official information online for the 2024 plan year of the Federal Employees Health Benefits (FEHB) program. Dental and vision (FEDVIP) details are also available...
Your Federal Health Benefits & Medicare: Helpful Resources from OPM
The Office of Personnel Management offers several resources for federal employees and retirees regarding Medicare and how it works with the Federal Employees Health Benefits (FEHB) program...
Guide to Federal Retiree COLAs: What Are They and How Are They Calculated?
Understand what the cost-of-living adjustment is, how it is computed, and how it affects CSRS and FERS annuities, survivor annuities, and other federal employee death benefits...
10 Biggest Mistakes Federal Employees Make When Planning for Retirement (and How to Avoid Them)
Learn the 10 biggest federal retirement planning mistakes that many employees make before leaving civil service including CSRS, FERS, Thrift Savings Plan...
Federal Retirement Planning Checklists
Checklists for 5-10 years from retirement, one year away from retirement, and for your first year after retirement...