Ed Zurndorfer explains an important new IRS ruling that affects individuals who own multiple traditional IRAs and want to convert them to Roth IRAs more…
5 Common Mistakes to Avoid When Performing Roth IRA Conversions
The idea of receiving tax-free income in retirement via Roth IRAs has attracted many federal employees and retirees. However, Ed Zurndorfer describes the five most common mistakes you should be aware when performing a Roth IRA conversion — and the questions you need to ask before doing it more…
End of Year Deadline for Required Minimum Distributions
Ed Zurndorfer explains which federal employees and retirees must take a required minimum distribution (RMD) from their retirement savings with a strict end-of-year deadline. Practical examples are included more…
Considerations for Lump Sum Annual Leave Payment When Retiring at End of Year
Many federal employees retire at the end of December or early January before the start of a new leave year in order to maximize their lump-sum payment for unused annual leave hours. Ed Zurndorfer presents a comparison of two retirement dates for an employee retiring at the end of leave year more…
Federal Employees with Young Children and Dependent Parents Can Benefit from the Dependent Care Flexible Spending Account
Federal employees who need child or dependent care for a qualifying relative can benefit through participation in the dependent care flexible spending account (DCFSA). Ed Zurndorfer outlines the DCFSA and how it works more…
Federal Employees Should Consider a Health Care FSA for 2025
Health care costs are increasing at a rate that exceeds inflation. A health care flexible spending account allows an employee to be reimbursed for out-of-pocket medical, dental or vision expenses. Ed Zurndorfer, explains why every employee should consider enrolling or enrolling in an HCFSA during open season more…
2025 FEHB Health Plan Choices
Selecting a health insurance plan is not an easy task. Ed Zurndorfer discusses the distinct types of health insurance plans offered through the Federal Employees Health Benefits program to help in the selection of the plan that best meets medical needs at the least possible cost more…
Is Enrolling in Dental Insurance Worth the Cost?
Older federal employees and retirees may find dental insurance to be worth the cost because of expensive dental procedures including crowns, root canals, dentures and implants. Ed Zurndorfer examines out-of-pocket dental costs and alternatives to group dental insurance plans such as the Federal Employees Dental and Vision Insurance Program (FEDVIP) more…
Understanding Consequences of FEHB Cancellation and Suspension
Ed Zurndorfer explains the three reasons a federal retiree or a spousal survivor annuitant can suspend their Federal Employees Health Benefits program enrollment and the consequences more…
Why Medicare Advantage Plans May Be Attractive to Some Federal Retirees
A Medicare Advantage Plan is another option for a federal retiree age 65 and older to supplement their Original Medicare (Medicare Part A and Medicare Part B) coverage. Learn the three different types of Medicare Advantage plans are, how much enrollees have to pay, what these plans cover, and the two ways federal retirees can enroll. Also included are four important considerations you should be aware of before making the decision more…