Ed Zurndorfer outlines some of the important factors to successfully complete the TSP beneficiary Form TSP-3 more…
Encouraging Children or Grandchildren to Make Roth IRA Contributions
Ed Zurndorfer discusses the benefits of a child regularly contributing to Roth IRA starting when they are in high school or college more…
Some Federal Employees Required to Make ‘Catch-Up’ Contributions Only to Roth TSP in 2024
Ed Zurndorfer explains why those federal employees age 50 and over who will be required to put their Thrift Savings Plan catch-up contributions into the Roth TSP may come out ahead more…
Limited Relief on 2023 RMDs from IRS – Part II
Ed Zurndorfer discusses required minimum distributions relief for non-spousal beneficiaries of IRAs in which the IRA owner died more…
Limited Relief on 2023 RMDs from IRS – Part I
Ed Zurndorfer discusses IRS relief for IRA owners who initially had to take their first required minimum distribution during 2023 but as a result of a law change in late 2022 did not have to more…
How Part-Time Service Can Affect a FERS Employee’s Benefits – Part II
Ed Zurndorfer discusses the effect of FERS part-time employment on annual leave and sick leave accrual rates, the Thrift Savings Plan, and insurance benefits (health, life, dental and vision, and long-term care insurance). more…
How Part-Time Service Can Affect a FERS Employee’s Benefits – Part I
Ed Zurndorfer discusses the effect of part-time FERS employment on the FERS annuity and the FERS survivor annuity more…
How Retirement Can Affect Your Credit Score
The actions of scaling back one’s lifestyle in retirement and paying off existing loans such as mortgage can result in lower credit scores. Ed Zurndorfer provides tips on what retirees should do to keep their credit scores up more…
How to Leave Your Heirs an Inheritance, Not a Tax Bill
Under recent laws, it has become more difficult for federal employees to leave their retirement savings to their children and grandchildren. Ed Zurndorfer outlines considerations and questions for those planning their legacy for future generations more…
Understanding the Gift Tax Rules and Why They are Important – Part II
Ed Zurndorfer discusses the procedure of an individual’s lifetime giving and how lifetime giving may or may not lower taxes for the heirs of the individual’s estate more…