Ed Zurndorfer provides a brief discussion of what is involved with these COVID-related deadlines for 2020 required minimum distributions (RMDs) and the FSAFEDS program. more…
Articles
Understanding the TSP Life Annuity Withdrawal Option – Part I
Federal benefits expert, Ed Zurndorfer, discusses what the TSP life annuity is, and how it can supplement a federal employee’s other guaranteed pension income more…
OPM Issues Rules on Restoring ‘Use or Lose’ Leave During COVID-19
The rule allows some federal employees to carry forward more than 30 days of annual leave into next year if they were unable to schedule that leave due to their duties responding to the coronavirus pandemic more…
More Dental and Vision Insurance Options for Federal Employees in 2021
The Office of Personnel Management has selected additional insurance carriers for the Federal Employees Dental and Vision Program (FEDVIP) effective January 1, 2021 more…
Why Social Security Recipients Should Exercise Caution in Electing the Lump Sum Retroactive Benefits Option
Federal benefits expert, Ed Zurndorfer, explains the lump-sum retroactive Social Security benefits payment option — including its downside and what has recently happened (a result of the COVID-19 pandemic) to further decrease the attractiveness of it more…
Working From Home: Can Federal Employees Claim A Home Office Tax Deduction?
With more people working from home than ever before, here are some insights from the IRS to help taxpayers understand the home office deduction and whether they can claim it more…
TSP Lifts Restriction on Starting and Restarting Installment Payments Based on Life Expectancy
Federal benefits expert, Ed Zurndorfer, explains how installment payments based on life expectancy work — and what the change in the rule means (with a practical example) more…
Relief for Almost Anyone Wanting to Return Unneeded 2020 Required Minimum Distribution
Federal benefits expert, Ed Zurndorfer, explains what federal employees and retirees need to know about this RMD relief and the August 31 deadline for taking action. Several practical examples are provided more…
New Locality Pay Areas Proposed for 2021
The Office of Personnel Management has issued a proposal to add another new locality pay area and expand an existing area more…
AFGE Expands Lawsuit for COVID-19 Hazard Pay
The American Federation of Government Employees has added plaintiffs from several new agencies in their lawsuit against the federal government on behalf of those who were exposed to the coronavirus while on duty more…