The new rule would allow Thrift Savings Plan participants to take hardship withdrawals for expenses related to natural disasters more…
Recent Articles
TSP Announces Scheduled Outage of Services and Instructions to Request Color Copy of 2019 Annual Statement
Due to scheduled system maintenance, www.tsp.gov, the ThriftLine, and www.frtib.gov will be unavailable… more…
Inheriting IRAs and TSP Gets More Complicated for Non-Spousal Heirs Under SECURE Act
Federal benefits expert, Ed Zurndorfer, discusses the new rules that affect IRA owners and TSP participants who name non-spousal beneficiaries of their accounts more…
New Legislation Would Expand Paid Parental Leave to All Federal Employees
If passed, the Federal Employee Parental Leave Technical Correction Act, to ensure more federal employees receive 12 weeks of paid leave for the birth, adoption, or fostering of a child more…
How Seniors and Retirees Can File Their Federal Taxes for Free
Many seniors and retirees on fixed incomes can file their taxes for free. Free File… more…
TSP Wants to Make Catch-up Contributions Easier for Participants
The process will be simplified by eliminating a form more…
White House Proposes Reduction in Federal Retirement Benefits and 1% Pay Raise in 2021
The proposal includes a 1% across-the board pay raise for civilian employees in 2021 and reintroduces several reductions in retirement benefits from the 2020 fiscal proposal more…
Tax Issues Facing Federal Employees Who Divorce — Part 2: Alimony, Child Support and Tax Carryforwards
Federal benefits and tax expert, Ed Zurndorfer, discusses the various alimony and child support issues for federal employees who have experienced a divorce more…
2021 Federal Pay Raise Proposed at 3.5%
Lawmakers reintroduced the Federal Adjustment of Income Rates Act last week, which — if passed — would provide federal employees a 3.5 percent pay increase in 2021 more…
Tax Issues Facing Federal Employees Who Divorce — Part I: Dividing Income and Deductions
Federal benefits and tax expert, Ed Zurndorfer, discusses dividing up income and deductions between spouses who divorced more…