Federal benefits expert, Ed Zurndorfer, discusses how CSRS and FERS survivor annuity benefits are taxed by the federal government. Several examples and a sample worksheet are included more…
Strategies to Minimize Investment Fees in Consideration of New Tax Law
The new tax law could have an adverse effect on individuals who pay fees for investment advice. Federal benefits expert Ed Zurndorfer suggests what federal employees should do and be aware of in order to not pay more than they should when it comes to investment fees more…
Back Door Roth IRA Strategy Still Available Under the New Tax Law
The strategy allows individuals to move funds into a Roth IRA even if they do not qualify because their income exceeds the allowable limits. Federal benefits expert Ed Zurndorfer provides 5 advisories for federal employees on this strategy more…
Why Federal Employees, Retirees Should Recheck Federal Tax Withholding for 2018
The new tax law makes it even more important this year to having too little tax withheld — from paychecks and CSRS or FERS annuities — and facing unexpected large tax bills or penalties. Includes a list of who should check withholding, plus tips for using the IRS’s updated calculator more…
Federal Employees Should Be Aware of ‘Kiddie’ Tax
Federal benefits expert, Ed Zurndorfer, discusses what the kiddie- tax is — and how it has continued to frustrate investors and financial advisors over the past 30 years more…
How New Tax Law Will Affect Health Care Costs for Federal Employees and Retirees
Federal benefits expert, Ed Zurndorfer, discusses how the new tax law will affect FEHB plan premiums and Medicare part B costs more…
Married Federal Employees Should Carefully Evaluate Their Tax Filing Status
Under the new tax law, more married couples will likely be filing separately rather than jointly on their tax returns. Federal benefits and tax expert, Ed Zurndorfer, discusses the importance of “running the numbers” before filing more…
Consequences of Unpaid TSP Loans for Retiring Federal Employees
Federal benefits expert, Ed Zurndorfer, discusses the consequences of an unpaid Thrift Savings Plan loan — and how to avoid the tax liability and possible IRS early withdrawal penalty more…
New Tax Law Makes Qualified Charitable Distributions More Attractive for Federal Employees and Retirees
Ed Zurndorfer explains why federal employees and retirees with traditional Thrift Savings Plan accounts and IRAs can benefit from qualified charitable distributions in the new tax law more…
Consequences of Thrift Savings Plan Hardship Withdrawals
Federal benefits expert, Ed Zurndorfer, discusses the consequences of financial hardship TSP withdrawals — and the TSP’s temporary changes for victims of recent hurricanes and wildfires more…