Get the latest information on Thrift Savings Plan (TSP) loans — including updates to the rules since the Roth TSP option was introduced — how to apply, important considerations and tax consequences more…
Recent Articles
New Rules Provide Benefit Protections for Federal Employees, Retirees during Government Shutdowns
Federal employees, retirees and annuitants will not experience disruptions of their health care and other benefit programs during future government shutdowns more…
What Federal Employees Need to Know About Health Care Costs in Retirement
Federal employee approaching retirement within the next 10 years often ask: “How much can I expect to spend in health care-related expenses during retirement?” Federal benefits expert, Ed Zurndorfer, addresses the issue more…
Bill Would Guarantee 12 Weeks Paid Family Leave for Federal Employees
While parental leave is paid under the Federal Employee Paid Leave Act of 2019, family and medical leave is currently unpaid. more…
How Recent Changes to Required Minimum Distribution Rules May Affect Future Value TSP Accounts
Federal benefits expert, Ed Zurndorfer, discusses how recent changes in the RMD rules may affect the future value of federal retirees’ Thrift Savings Pan accounts more…
Reform for Social Security’s Windfall Elimination Provision (WEP) Reintroduced
If passed, the proposed legislation could provide more retirement income for some federal employees more…
IRS Extends IRA and Health Savings Account Contribution Deadlines for 2020 Tax Year
Individuals have until May 17, 2021 to meet certain deadlines that would normally fall on April 15. But other deadlines remain April 15. more…
IRS Issues Timeline for Sending Stimulus Payments to Non-Filer Social Security and Other Federal Beneficiaries
The Internal Revenue Service projects stimulus payments to non-filer Social Security and other federal beneficiaries… more…
Reminder on TSP Required Minimum Distributions Rules for 2021
The Coronavirus, Aid, Relief and Economic Security (CARES) Act allowed Thrift Savings Plan participants to waive 2020 required minimum distributions (RMDs). But RMDs have not been waved for 2021 more…
IRS Reporting Requirements for Foreign Account Ownership and Trust Distributions
Federal benefits and tax expert, Ed Zurndorfer, outlines what is required for individual taxpayers who have received taxable interest and dividends, owned a foreign account, or received distribution from a foreign trust more…