Ed Zurndorfer discusses the IRS’ guidance and relief for those who may have mistakenly taken a required minimum distribution from a retirement plan during 2023. The deadline is Sept. 30 more…
Deadline for Federal Employees Who Inherit Individual Retirement Account Assets
September 30 is an important date when it comes to IRAs in which the IRA owner named multiple beneficiaries. It is the deadline for determining whether the IRA has designated beneficiaries more…
Requirements & Choices to Maintain FEGLI Optional (A, B, C) Insurance in Retirement
Ed Zurndorfer discusses the eligibility requirements and choices of how much of their Option A, Option B and Option C Federal Employees Group Life Insurances they want to retain in retirement more…
Maintaining FEGLI Basic Life Insurance in Retirement
Ed Zurndorfer outlines the requirements and choices a federal employee has to keep the Federal Employees Group Life insurance “Basic Insurance” into retirement. Practical examples are included more…
Understanding the Different Types of Term Life Insurance
Ed Zurndorfer discusses the several types of individual term life insurance policies and how they work more…
Understanding Term Life Insurance
Ed Zurndorfer outlines what term life insurance is, the several types of term life insurance policies, and some advantages and disadvantages of owning a term life insurance policy more…
How to Avoid a Possible Increase in Federal Estate Taxes
Ed Zurndorfer discusses how an individual can reduce his or her estate during their lifetime and possibly avoid a coming increase in federal estate taxes in current law more…
Tips for Rolling Over 401(k) Retirement Plans and IRAs to the TSP
Ed Zurndorfer outlines how a Thrift Savings Plan participant can rollover qualified retirement plans such as 401(k), 403(b), 457 plans and/or a traditional IRA to an existing TSP account more…
Important Financial and Medical Documents for College Students
Parents of college-bound students are advised to make sure that they have access to their children’s financial and medical records. Ed Zurndorfer discusses some of the most important legal and permission documents more…
5 Considerations When Choosing an Estate Trustee
Ed Zurndorfer provides five considerations when a federal employee or a retiree chooses a trustee as part of the development of a proper estate plan more…