Many federal employees and retirees choose to rollover their TSP accounts and IRAs. But as Ed Zurndorfer explains, costly errors can be avoided by understanding the rules on which retirement accounts can and cannot be rolled over, important deadlines, and when a direct rollover should be performed rather than a rollover or a withdrawal
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Recent Articles
White House Budget Calls for 2027 Federal Pay Freeze
The White House proposed on Friday up to a 7% military pay raise, but no 2027 pay raise for civilian employees more…
FAQs: Federal Retirement & Taxes
It’s been a confusing and frustrating tax season for many federal retirees, not including the delay for many in receiving their 1099-R form. Here’s a list of frequently asked questions provided by the Office of Personnel management that covers information about your 1099-R, how much of your annuity is taxable (or tax-free), refunds of retirement contributions, and why the tax on your federal retirement annuity may have changed. Links, phone numbers, forms and other helpful resources are included more…
Tax Deadlines for Federal Employees and Retirees
April 15 represents several import tax deadlines other than just filing. Ed Zurndorfer outlines them including IRA contributions and Roth IRA recharacterizations. more…
5 Things Federal Retirees Wish They Were Told Before Retiring
Chris Kowalik outlines five overarching themes that are real eye-openers for federal retirees looking back on what they wish they had understood before making the transition more…
VIDEO: Retiring Early Under the FERS MRA+10 Rules
MRA+10 is one of the most misunderstood, and potentially costly, retirement decisions you can make. While it allows you to leave earlier, it can permanently reduce your pension and create ripple effects across your other federal benefits. Before you make a decision you can’t undo, you need to understand the full picture. View this informative video from federal retirement expert, Chris Kowalik more…
Options for Federal Employees Unable to Pay Their Balance Due Taxes
Federal employees and retirees who after preparing their federal income tax return discover they have a balance due that they are unable to pay the balance due in full before the April 15 deadline, have options to pay their federal income tax balance due. Ed Zurndorfer explains these including installment and online payment agreements with the IRS, and extensions of time to pay more…
3 Crucial Federal Retirement Choices
Your retirement planning is a series of choices. Some are minor, while others can have major consequences on your future and financial security. Chris Kowalik discusses three important decisions that federal employees face in retirement: FEHB & Medicare, long-term care and life insurance
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10 Ways for Federal Employees to Maximize Social Security Benefits
Congress made some changes in the law regarding Social Security filing opportunities that have resulted in modifications to claiming benefit strategies for many individuals. Ed Zurndorfer provides 10 strategies for federal employees to maximize the amount of their lifetime Social Security retirement benefits more…
Understanding the FERS Retirement Annuity Supplement
The purpose of the Annuity Supplement is to provide a portion of retirement income to FERS employees who retire before age 62. Ed Zurndorfer discusses who is eligible (or not), steps for estimated how much it will be, how long a retiree receives supplement payments, and how it works with Social Security. Practical examples are included more…