These changes allow seniors to communicate with their doctors without having to travel to a healthcare facility so that they can limit risk of exposure and spread of this virus more…
Recent Articles
WEP Repeal Bill Introduced in Senate
If passed, the legislation would replace the current formula for calculating benefits with a “fairer formula that allocates benefits based on what workers earned throughout their lifetime” more…
TSP Provides Information on Operations During Coronavirus Situation
The Thrift Savings Plan issued a bulletin Friday on its continued operations during the coronavirus situation. more…
Top 5 Things to Know About Your TSP During a Market Downturn
Many Thrift Savings Plan investors have seen their accounts dwindle in value in just a few days. Whether you’re close to retirement or have a ways to go, federal retirement expert, Chris Kowalik, provides some candid insights on this topic before making any knee-jerk reactions more…
Seniors Could Use Tax-Free Life Insurance Settlements To Pay Health Care Expenses Under Proposed Bill
If passed, the legislation would allow seniors to roll over their life insurance sale proceeds, tax-free, into senior heath planning accounts more…
Under New Law, Is a 2018 State Tax Refund Received in 2019 Considered Taxable Income in 2019?
Federal benefits and tax expert, Ed Zurndorfer, describes why any individual who itemized their 2018 federal income taxes must determine if a state income tax refund is taxable income for 2019 more…
Social Security Issues Warning of Widespread Scam Texts
The texts warn about a Social Security number problem and ask the recipient to call a number back to resolve the problem and avoid legal action more…
Congress Changes ‘Kiddie’ Tax Rules for 2019 and Retroactively for 2018
Federal benefits expert, Ed Zurndorfer, explains the complicated “kiddie” tax — how Congress changed it in 2018, then reversed the changes — and the important choices affected individuals now have more…
TSP Urges Investors: ‘Stick With Your Plan’
The Thrift Savings Plan sent a reminder to investors this week: “Try not to let short-term market movements steer you off course.” more…
TSP Annuity COLA Calculation to Change in March
The Thrift Savings plan is changing the cost-of-living adjustment rate used to calculate the annual increase for annuities with an increasing payment option more…