Chris Kowalik provides a 9-part video series with information and insight to help you make informed decisions about your pending decision on the deferred resignation offer that OPM released on Jan. 28. Includes the new early outs offered by OPM, and questions to ask your agency’s HR before you decide. more…
Recent Articles
High Income Federal Employees Have Options for Funding Roth IRAs: Part II
With Roth IRAs — together with Roth TSP accounts — federal employees can save for their future retirement in a tax-free way. Any Roth accounts remaining at their deaths can be passed on to family members tax-free. However, high-earning federal employees who may be limited or even barred from contributing to a Roth IRA. Ed Zurndorfer outlines three more methods to fund their Roth IRA. Practical examples are included more…
Social Security Says It Could Take More Than One Year to Implement Repeal of WEP, GPO
The Social Security Administration provided a Q&A on how the new law affects many beneficiaries including information on Medicare premium payments more…
Some Considerations on OPM’s Deferred Resignation Program
Ed Zurndorfer breaks down some of the issues federal employees should consider regarding the “deferred resignation program” offered by the Office of Personnel Management. Includes references to opinions from groups representing federal employees more…
Preparing for the DOGE Workforce Reductions
Chris Kowalik discusses how to control your response by knowing your options in advance. It includes reviewing the likely scenarios for various groups of federal employees, eliminating most of the uncertainty by knowing your numbers, understanding the consequences of leaving government service early, and creating your checklist of must-do “pre-notice” action items more…
Trump Administration Offers ‘Deferred Resignation’ to Most Federal Employees
The “Deferred Resignation Program” email states those federal employees receiving the offer must resign by February 6. A Q&A on the program is provided more…
High Income Federal Employees Have Options for Funding Roth IRAs: Part I
With Roth IRAs — together with Roth TSP accounts — federal employees can save for their future retirement in a tax-free way. Any Roth accounts remaining at their deaths can be passed on to family members tax-free. However, high-earning federal employees who may be limited or even barred from contributing to a Roth IRA. Ed Zurndorfer reveals opportunities outside of direct Roth IRA contributions that will allow them to fund their Roth IRAs. Practical examples are included more…
FERS Postponed Retirement
Ed Zurndorfer outlines the postponed retirement option for those in the Federal Employees Retirement System (FERS) including the strategy to minimize or eliminate the annuity reduction. Several practical examples are included more…
How Will The Social Security Fairness Act Affect Federal Employees & Retirees?
While currently the Social Security Administration is evaluating how to implement the new law repealing Social Security’s Windfall Elimination Provision and the Government Pension Offset, here’s what federal employees, retirees and spouses should know (and do) now. Includes online tool to estimate how much of their Social Security benefits have been — or would be reduced — due to the WEP and GPO more…
5 FEHB Premium Questions Federal Employees Have Going into Retirement
Chris Kowalik addresses some important questions people have at retirement on the Federal Employees Health Benefits program — including what percentage of your premium is covered by the government, and how enrolling in Medicare affects premiums more…