Ed Zurndorfer outlines some of the challenges federal employees and retirees should be aware of when waiting until they reach FRA to start receiving their monthly Social Security benefits. Practical examples are included
How the One Big Beautiful Bill Act Affects Federal Employees and Retirees
Ed Zurndorfer outlines how the new legislation will affect their 2025 federal income taxes and how critical changes could affect tax planning for 2025 and beyond
Using QLACs to Minimize TSP RMDs and Create Guaranteed Income
Ed Zurndorfer outlines how federal employees and retirees who have Thrift Savings Plan accounts can use Qualified Longevity Annuity Contracts to reduce required minimum distributions and create guaranteed lifetime income
5 Benefits of Working Past Age 65 Federal Employees Should Consider
Ed Zurndorfer discusses when to start receiving Social Security benefits, important FEHB health insurance and Medicare considerations, contributions to Health Savings Accounts, and postponing required minimum distributions from retirement savings plans — plus eligibility to contribute to the Thrift Savings Plan
Federal Retirees Can Appeal Higher Medicare Part B Premiums
Ed Zurndorfer explains why many federal employees pay higher Medicare Part B monthly premiums and it’s impact on retirement income planning — plus how to appeal the higher premiums with practical examples
Update on Social Security Fairness Act
Ed Zurndorfer provides a summary of the updates including when Social Security beneficiaries can expect an increase in monthly payments, how to manage Medicare Part B and Medicare Part D monthly premiums deducted doubly from SSA benefits and federal pensions (such as a CSRS annuity), information about retroactive back payments, and tips to avoid scams
Tax Rules for Roth TSP to Roth IRA Rollovers
Many federal employees choose to rollover their Roth Thrift Savings Plan to a Roth IRA. But the rules are complicated. Ed Zurndorfer explains the rules and provides practical examples
Understanding the Basics of Retirement Plan Rollovers
Retirement plan rollovers are an important part of a federal employee or retiree’s overall retirement savings — especially true those who own multiple retirement accounts, including the Thrift Savings Plan, IRAs, and other retirement accounts such as a 401(k). Ed Zurndorfer provides insight on rollovers to help federal employees and retirees consolidate accounts or optimize their tax strategy
CSRS Retiree Eligibility for Spousal and Ex-Spousal Social Security Benefits
One of the provisions of the Social Security Fairness Act is the repeal of the Government Pension Offset. The GPO reduced or eliminated spousal/ex-spousal and widow/widower benefits paid by the Social Security Administration to any retiree who was covered by a government (federal, state or local) pension and who did not pay Social Security (FICA) taxes, such as federal employees covered by Civil Service Retirement System (CSRS). Ed Zurndorfer explains what current CSRS retirees eligible for Social Security spousal benefits should do in order to receive spousal or ex-spousal Social Security benefits.
What Should You Do With Your TSP Account When You Retire?
The decision as to what a retiring federal employee should do with their Thrift Savings Plan accounts needs to be considered carefully. Ed Zurndorfer outlines the consequences of each choice.