If passed,the Senior Citizens Inflation Relief Act would temporarily raise the threshold of income Social Security recipients could earn while still working more…
Recent Articles
Advantages and Disadvantages of FERS Deferred Retirement
Federal benefits expert, Ed Zurndorfer, outlines the option for deferred retirement — including the requirements for a FERS employee to elect this option and its pros and cons. Example scenarios are provided. more…
New Login Tool Required for OPM’s Retirement Services Online Starting May 26
The service provides access for federal retirees and annuitants to manage their annuity payment information, federal and state tax withholding, tax forms, and other benefits more…
Advantages and Disadvantages of FERS MRA+10 and MRA+20 Postponed Retirement
Federal benefits expert, Ed Zurndorfer, discusses a retirement option available to a FERS employee eligible for the MRA+10 or the MRA +20 immediate retirement. This option allows a FERS employee to avoid any reduction in their FERS annuity by opting for what is called a “postponed” retirement more…
Thrift Savings Plan Transition Dates for New Features Start May 16, 2022
The Thrift Savings Plan has provided an outline of how to prepare and a list of the key transition dates from May 16 until the first week of June more…
Best and Worst States for Property Tax
Because many retirees are on a fixed income, property taxes can play an important part in the decision of where to live during retirement years more…
Advantages and Disadvantages of FERS MRA+10 and MRA+20 Immediate Retirement
Federal benefits expert, Ed Zurndorfer, discusses the rules for a reduced optional retirement referred to as an MRA+10 or an MRA+20 FERS retirement. This type of immediate retirement allows an eligible FERS employee to receive an immediate annuity as early as the employee’s minimum retirement age and with as little as 10 years of FERS service more…
Federal Employees Can Now Receive Paid Time Off to Vote
Office of Personnel Management announced that federal employees may now receive up to four hours of administrative leave to vote and may now use up to four hours of administrative leave per year to serve as non-partisan poll workers or observers more…
Recently Proposed IRS Regulations on New 10-Year RMD Rule Are a Surprise – Part 3
Federal benefits expert, Ed Zurndorfer, explains how the SECURE Act rules for required minimum distribution affect trusts as IRA and workplace retirement plan beneficiaries more…
62 Democratic Lawmakers Ask for 5.1% Federal Pay Raise in 2023
The request is higher than the White House’s proposal of 4.6% made last month and is supported by many federal employee groups more…