Why more federal employees and retirees are protecting their retirement savings using this overlooked, IRS-approved program
Ed Zurndorfer outlines some of the important factors to successfully complete the TSP beneficiary Form TSP-3 more…
Recent Articles
Encouraging Children or Grandchildren to Make Roth IRA Contributions
Ed Zurndorfer discusses the benefits of a child regularly contributing to Roth IRA starting when they are in high school or college more…
Some Federal Employees Required to Make ‘Catch-Up’ Contributions Only to Roth TSP in 2024
Ed Zurndorfer explains why those federal employees age 50 and over who will be required to put their Thrift Savings Plan catch-up contributions into the Roth TSP may come out ahead more…
Bill Would Reinstate Tax Deduction for Union Dues, Other Employment Expenses for Federal Employees
Legislation introduced last month would allow workers to deduct common employment expenses such as travel… more…
Limited Relief on 2023 RMDs from IRS – Part II
Ed Zurndorfer discusses required minimum distributions relief for non-spousal beneficiaries of IRAs in which the IRA owner died more…
Limited Relief on 2023 RMDs from IRS – Part I
Ed Zurndorfer discusses IRS relief for IRA owners who initially had to take their first required minimum distribution during 2023 but as a result of a law change in late 2022 did not have to more…
OPM Proposes Expansion of Locality Pay Areas to Nearly 33,000 More Federal Employees
Subject to final regulations, the new and expanded locality pay areas would be applicable on the first day of the first applicable pay period beginning on or after January 1, 2024 more…
How Part-Time Service Can Affect a FERS Employee’s Benefits – Part II
Ed Zurndorfer discusses the effect of FERS part-time employment on annual leave and sick leave accrual rates, the Thrift Savings Plan, and insurance benefits (health, life, dental and vision, and long-term care insurance). more…
OPM Releases New Videos to Help Federal Employees Prepare for Retirement
The three videos are designed to help federal employees and retirees better navigate their online retirement services accounts more…
TSP Participants Can Now Manage Installment Payments Online
Stopping existing installments and requesting new installments can now be done in the My Account section of the Thrift Savings Plan’s website more…