Federal benefits expert, Ed Zurndorfer, explains how the WEP works, and who is affected by it more…
Articles
Legislation Introduced to Increase Per Diem Rates for Federal Employees
If passed, the bill would require the General Services Administration to take into consideration the economic impact of the coronavirus when setting future per diem rates for federal travel more…
Some Social Security Beneficiaries May Lose Portion of Benefits Due to Earnings Test
Federal benefits expert, Ed Zurndorfer, discusses the Social Security earnings test — including how it is used and which beneficiaries are affected by it. Several practical examples are provided more…
TSP Adding More Lifecycle (L) Funds July 1
The Thrift Savings Plan will have ten L Funds to choose from instead of the five currently available. A fact sheet is provided. more…
NARFE Issues FAQs on COVID-19 Relief for Federal Employees
Updated guidance on stimulus payments, changes to the Thrift Savings Plan (TSP) and when agencies will reopen more…
IRS Offering Electronic Option for Filing Amended Tax Returns This Summer
The new electronic option will allow the agency to receive amended returns faster while minimizing errors more…
FERS Special Retirement Supplement May Be Reduced Due to Excess Earnings in 2019
Federal benefits expert, Ed Zurndorfer, provides an overview of the the FERS special retirement supplement, its earning test, and how to report earnings to the Office of Personnel Management. Practical examples are included. more…
Zero Retiree COLA Likely For 2021, Senior Group Predicts
Social Security benefits have also lost 30 percent of buying power since 2000, according to a recent study by the group more…
TSP Issues Updated Details on Temporary Loan and Withdrawal Options from CARES Act
Federal benefits expert, Ed Zurndorfer, discusses what loan options and withdrawal options will be available for participants affected by COVID-19. more…
IRS Wants Stimulus Payments Sent to Deceased Taxpayers Returned
The IRS announced that coronavirus Economic Impact Payments issued to deceased individuals should be returned if the person died before they received it more…