The Internal Revenue Service plans to issue regulations on three recent tax law changes affecting popular 529 education savings plans more…
Recent Articles
How the Thrift Savings Plan Is Taxed
Federal benefits expert Ed Zurndorfer discusses how the method a TSP account owner withdraws their account balance determines when federal and state income taxes are levied more…
White House Resists Senate Proposal for 2019 Pay Raise
The Office of Management and Budget (OMB) Tuesday expressed opposition to a Senate spending bill… more…
Bipartisan Legislation Would Provide Financial Relief to Some Federal Employees
If passed, the bill would close a loophole that prevents certain federal workers from having additional taxes on their moving expenses fully reimbursed. more…
House Remains Silent on 2019 Federal Pay Raise
The final pay raise could involve negotiations between the two legislative chambers before it’s officially announced likely in late December. more…
How CSRS and FERS Survivor Annuities Are Federally Taxed
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…
IRS Redesigning Form 1040 for 2019 Tax Season
The new form consolidates the three versions of the 1040 into one simple form — about half the size of the current version more…
Legislation Would Provide 12 Weeks Paid Parental Leave
If passed, the Federal Employees Paid Parental Leave Act of 2018 would give federal employees paid leave for the birth or adoption of a child. more…
2019 Federal Pay Raise of 1.9% Still Possible
Despite the White House calling for a pay freeze, federal employees could receive a 2019 pay raise under legislation approved Tuesday more…
26 Senate Democrats Urge OPM to Withdraw Proposed Federal Retirement Cuts (2018)
The proposals would freeze federal employee pay and cut retirement benefits for 2.6 million federal retirees and annuitants over the next ten years more…