If passed, the proposed legislation could provide more retirement income for some federal employees more…
IRS Extends IRA and Health Savings Account Contribution Deadlines for 2020 Tax Year
Individuals have until May 17, 2021 to meet certain deadlines that would normally fall on April 15. But other deadlines remain April 15. more…
IRS Issues Timeline for Sending Stimulus Payments to Non-Filer Social Security and Other Federal Beneficiaries
The Internal Revenue Service projects stimulus payments to non-filer Social Security and other federal beneficiaries… more…
Reminder on TSP Required Minimum Distributions Rules for 2021
The Coronavirus, Aid, Relief and Economic Security (CARES) Act allowed Thrift Savings Plan participants to waive 2020 required minimum distributions (RMDs). But RMDs have not been waved for 2021 more…
How to Check on Status of Your Stimulus Payment — Plus FAQs from IRS
The IRS also describes who is eligible for the third round of Economic Impact Payments, how much it will be, and who is likely to get it via direct deposit, a check or a debit card more…
IRS Extends Tax Deadline to May 17, 2021
Individual taxpayers can also postpone federal income tax payments for the 2020 tax year originally due on April 15. The IRS provides more details more…
Next Round of Stimulus Payments Will Begin Weekend of March 13, IRS Says
The first batch of payments will be sent by direct deposit. The IRS reminds taxpayers that the income levels in this new round of stimulus payments have changed more…
Federal Employees Time Off to Vote Recommended in Executive Order
President Biden signed an executive order Sunday that promotes voting access provisions for federal employees more…
Lawmakers Reintroduce Bill for 3.2% Federal Pay Raise in 2022
Senator Brian Schatz (D-HI) and Representative Gerry Connolly (D-VA) last week reintroduced the Federal Adjustment of Income Rates (FAIR) Act, a bill that would provide federal employees with a 3.2 percent pay increase in 2022 more…
Where’s Your $600 Stimulus Payment?
While some second round Economic Impact Payments may still be in the mail, the IRS has issued all first and second Economic Impact Payments it is legally permitted to issue more…