Ed Zurndorfer discusses both Oct. 15 deadlines, the two reasons why a federal employee or a retiree may need to recharacterize a 2024 IRA contribution, and what they should do to meet the deadlines and avoid penalties more…
Tax Changes in 2026 from One Big Beautiful Bill Act
Ed Zurndorfer discusses the tax law changes that will take effect on January 1, 2026, and what tax-related moves federal employees and retirees should consider now to take advantage of the changes more…
Important Tax Changes in 2025 from One Big Beautiful Bill Act
Ed Zurndorfer provides important tax-planning steps federal employees and retirees should consider between now and the end of 2025 to take advantage of the new law more…
Tax Rules on TSP Installment Payments
Upon leaving or retiring from federal service, Thrift Savings Plan participants can request installment payments from their traditional TSP account. Ed Zurndorfer explains the taxes on this TSP withdrawal option more…
Tax Rules on TSP Withdrawals
Before deciding to withdraw money from their Thrift Savings Plan (TSP) accounts, TSP participants are advised to be aware of the tax rules. Ed Zurndorfer outlines them for both traditional and Roth TSP accounts, including the IRS reporting rules, withholding taxes, and early withdrawal penalties more…
TSP Withdrawal Option: Total Distribution
A retired federal employee has several options for withdrawing from their Thrift Savings Plan accounts. Ed Zurndorfer outlines the total distribution TSP withdrawal option including the income tax consequences for traditional and Roth accounts and the pros and cons of direct rollovers to IRAs
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TSP Withdrawal Option: Partial Distribution
A retired federal employee has several options for withdrawing from their Thrift Savings Plan accounts. Ed Zurndorfer outlines the the partial TSP distribution option including its tax consequences, the limit of distributions allowed, rollovers, and required minimum distributions (RMDs). Practical examples are included. more…
Estate Planning for Unmarried Couples
An estate plan is a group of critical documents that outline end-of-life wishes in case of illness or incapacitated state. Ed Zurndorfer provides estate planning tips for unmarried couples, and a checklist of the documents that both spouses should have more…
Estate Planning for Married Couples
An estate plan is a group of critical documents that outline end-of-life wishes in case of illness or incapacitated state. Ed Zurndorfer provides estate planning tips for married couples, and a checklist of the documents that both spouses should have more…
Estate Planning for Singles
Estate planning is important for singles, couples or families. Ed Zurndorfer provides ten estate planning documents and strategies that are specifically designed for individuals more…