Why more federal employees and retirees are protecting their retirement savings using this overlooked, IRS-approved program
If passed, the You Earned It, You Keep It Act would repeal all of the federal taxation on Social Security retirement benefits beginning in 2023 more…
Recent Articles
Federal Employees Should Review Their Life Insurance Needs and Choices
Ed Zurndorfer outlines the types of policies — their advantages and disadvantages — and the ways individuals can buy individual life insurance more…
Lump Sum Employee Benefits Paid to Eligible Beneficiaries of Deceased CSRS and FERS Employees
Ed Zurndorder explains what the lump sum credit is, the rules that apply in paying the lump-sum credit to eligible surviving family members, and the procedures the eligible surviving family must follow to apply for the lump-sum credit more…
White House Formalizes Average 4.6% Pay Raise for Federal Employees in 2023
TThe president’s alternative pay plan is an across-the-board base pay increase of 4.1% and a locality pay increase of an average of 0.5% more…
Transactions Permissible and Not Permissible Upon the Death of An IRA Owner
Federal benefits expert, Ed Zurndorfer, discusses IRA contributions (including spousal IRA contributions), qualified charitable distributions, required minimum distributions (RMDs) and rollovers following the death of a traditional IRA and Roth IRA owner more…
Locality Pay Increases Could Affect 30,000 Federal Employees
The Federal Salary Council recommended a list of new locality pay areas and adjustments that would improve the salaries of nearly 30,000 federal employees if implemented more…
Spousal Survivor Benefits Upon the Death of a Former Federal Employee
Ed Zurndorfer outlines the eligibility requirements for a spousal survivor annuity resulting from the death of a former FERS-covered employee — plus the computation of the survivor annuity and the application procedures more…
GAO Agrees to Investigate Problems of New TSP Website
Thrift Savings Plan participants have reported difficulties accessing accounts, discrepancies in account balances, missing or incomplete information, and hours-long wait times to reach customer service since the June roll-out of new features more…
Spousal Survivor Benefits Upon the Death of a FERS Annuitant
Federal benefits expert, Ed Zurndorfer, outlines the the spousal benefits paid to the surviving spouse of a deceased FERS annuitant including: amount payable as a survivor annuity, effect of COLAs, lump-sum credit payments, spousal Special Retirement Supplement annuity, and more. Several practical examples are included… more…
Spousal Survivor Benefits Upon the Death of a CSRS/CSRS Offset Annuitant
Federal benefits expert, Ed Zurndorfer, outlines the the spousal benefits paid to the surviving spouse of a deceased CSRS and CSRS Offset annuitant including: eligibility requirements, the amount payable as a survivor annuity, the reduction to a survivor annuity, duration of the annuity and more. Several practical examples are included… more…