Federal benefits expert, Ed Zurndorfer, discusses some of the financial consequences of an early out retirement to help eligible federal employees make the right decision more…
Recent Articles
White House Confirms Proposed 1.9% Federal Pay Raise for 2018
Office of Management and Budget Director Mick Mulvaney confirmed reports last week that President Trump’s fiscal budget request will include an across-the-board 1.9 percent pay raise for federal employees in 2018. The 2018 federal pay raise would start in January 2018 unless Congress proposes a different amount during the budget process this year. In February, Congressman Gerry Connolly (D-VA) reintroduced the Federal Adjustment of Income Rates (FAIR) Act, that would provide a 3.2% increase in 2018. It it not known how the across-the-board 1.9 percent pay raise would be allocated in General Schedule base pay and locality pay. more…
FEHB and Medicare: How They Work Together for Federal Employees
A brief overview of how the Federal Employees Health Benefits (FEHB) Plan and Medicare work together. Includes a handy FEHB and Medicare primary payer reference chart. more…
Trump’s 2018 Budget Proposal Raises Concern for Layoffs and Retirement Planning for Federal Employees
The Trump administration this week released its first budget blueprint for fiscal year 2018 which… more…
How to Work Yourself Right Out of the FERS Special Retirement Supplement (SRS)
Learn how getting another job after federal service can affect benefits such as the FERS Special Retirement Supplement more…
Why Federal Employees Should Consider Enrolling in a Health Care Flexible Spending Account for 2017
Federal benefits expert, Ed Zurndorfer, discusses health care flexible spending accounts and how HCFSAs can benefit all federal employees, including those employees not enrolled in the Federal Employees Health Benefits program more…
How to Submit a Healthy Federal Retirement Application Package
Learn how — after making sure all documents, forms and information are complete — a retiring federal employee will be submitting a “healthy” federal retirement package under OPM’s guidelines, thereby avoiding unnecessary delays in processing of their retirement application package more…
Federal Public Safety Employees Can Make Penalty-Free TSP Withdrawals Starting at Age 50
The Defending Public Safety Employees Retirement Act of 2015 amended the Internal Revenue Code to allow specified federal law enforcement officers, customs and border protection officers, federal firefighters and air traffic controllers who separate from service during or after the year they become age 50 to make withdrawals from the TSP without incurring a 10 percent early withdrawal penalty. Federal benefits expert, Ed Zurndorfer, discusses what the new law means to federal employees who are eligible to take advantage of the new law more…
Video: TSP 10% Early Withdrawal Penalty Tax
If you receive a TSP distribution before you reach age 59½, you may be subject to a 10% early withdrawal penalty tax in addition to the regular income tax. more…
FEGLI Life Insurance: For Annuitants and Retiring Employees
The Office of Personnel Management released a new video for federal employees approaching retirement and retired employees covering several important topics on FEGLI more…