16 Things Seniors Born Between 1941-1969 Could Take Advantage Of
Ed Zurndorfer gives an outline of the changes in the new tax line that affect 2025 federal income taxes, including new permanently increased standard deductions, increased deduction for seniors. the increase in State and Local Tax (SALT) deduction, and auto loan interest deduction more…
Recent Articles
Latest Thrift Savings Plan (TSP) Returns: Monthly and Annual
View the latest Thrift Savings Plan returns of the G, F, C, S, I and L funds more…
Federal Retirees Encounter Weeks of Delay Receiving Tax Documents from OPM
Numerous federal retirees have been waiting for several weeks to receive important tax documents and are unable to reach OPM for assistance. A group of House members has urged OPM to address the issue more…
2027 COLA Estimate – CSRS | FERS | Social Security
Analysts give a projection of the 2027 cost-of-living adjustment for retirees more…
CSRS / FERS Lump Sum Annuity Option (And How It is Taxed)
If eligible, a retiring CSRS or FERS employee may elect to receive the alternative form of a CSRS or FERS annuity, receiving a lump sum payment equal to the employee’s contributions to the CSRS or FERS Retirement and Disability Fund. Ed Zurndorfer discusses the specific eligibility requirements, the calculation of the lump sum payment and reduced CSRS and FERS annuity, and the tax liabilities more…
Bigger Buyout Incentive Payments Proposed for Federal Employees
If passed, the Federal Workforce Early Separation Incentives Act would raise the cap for federal employee “buyouts” through the Voluntary Separation Incentive Payment (VSIP) program — a tool which allows federal agencies to offer buyouts to employees who voluntarily leave government service more…
How CSRS / FERS Survivor Annuities Are Taxed
Ed Zurndorfer what portion of a CSRS or FERS survivor annuity (full or partial) is federally taxable under several common scenarios (examples included) and provides an important caution CSRS and FERS annuitants and survivor annuitants regarding information on on CSA 1099-Rs and CSF 1099-Rs from OPM’s Retirement’s Office more…
Legislation Would Ban TSP Investments in Adversary Nations
If passed, the TSP Fiduciary Security Act would prevent the Thrift Saving Plan funds from being invested in countries of concern, such as China, Cuba, Iran, Russia, North Korea, Syria, Sudan, and Venezuela more…
How CSRS and FERS Retirement Annuities Are Taxed
Ed Zurndorfer explains how the IRS taxes CSRS and FERS non-disability annuities when a federal employee retires from federal service. Worksheet and practical example are included more…
Maintaining Good Habits in the Thrift Savings Plan
How to react to changing marketing conditions, choosing how much to invest and which funds to use are important routines to have no matter how no matter how close (or far away) you are from retirement. Chris Kowalik provides some pointers for establishing and keeping good habits in regards to your Thrift Savings Plan account more…