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…
Recent Articles
Lawmakers Propose 2019 Federal Pay Raise of 3%
Congressman Gerry Connolly (D-VA) and Senator Brian Schatz (D-HI) Jan. 12 reintroduced the Federal Adjustment… more…
RSC 2019 Budget Proposes Cuts to Federal Pay, Retirement Benefits
The Republican Study Committee released Wednesday their annual budget proposal for fiscal year 2019 entitled… 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…
Does Your State Have an Estate or Inheritance Tax?
In addition to the federal estate tax of 40 percent, some states impose an additional… more…
Thrift Savings Plan Releases 2017 Administrative Expenses
The Thrift Savings Plan (TSP) released the 2017 net administrative expense figures last week revealing… more…
Some Federal Employees Receiving Large Tax Bills Due to Tax Reform Change
Nine federal employee groups sent an urgent letter regarding an issue with tax implications affecting a large number of federal employees and retirees. more…
Individuals Unable to Pay Balance Due on 2017 Tax Returns Should Still File
Federal benefits expert, Ed Zurndorfer, discusses possible payment options and penalties for individuals unable to pay the balance due on their returns more…
6 New Federal Locality Pay Areas for 2019 Being Considered
Federal employees working in six areas of the U.S. may become part of the locality… more…