Federal tax expert, Ed Zurndorfer, outlines the provisions this year that allow all individuals to make qualifying charitable contributions for 2020 (even in cases when they don’t itemize deductions) more…
Recent Articles
December 15 Deadline for TSP Withdrawals Under CARES Act
The CARES Act allows coronavirus-affected participants to make a one-time withdrawal of up to $100,000 a TSP account more…
Legislation Would Offer ‘Climate Choice’ Option in Thrift Savings Plan
If passed, the bill would give federal employees the ability to divest from the fossil fuel industry more…
How Tax Loss ‘Harvesting’ During December Can Help Reduce 2020 Taxes
Federal benefits and tax expert, Ed Zurndorfer, explains how tax harvesting works — and why it can be particularly useful during December when individuals are looking for ways to save on current year income taxes more…
Considerations for Roth IRA Conversion / Traditional TSP Transfer in December 2020
Federal benefits expert, Ed Zurndorfer, discusses why the last month of 2020 may be a good time for federal employees to consider converting a traditional IRA to a Roth IRA — or federal retirees (or employees age 59.5 and older) transferring a portion of their traditional TSP to a Roth IRA more…
Strategic Medicare and FEHB Plan Choices for 2021
Health insurance expert, Walton Francis, analyzes the strategic choices resulting from the key findings, advice, and recommendations in Checkbook’s 2021 Guide to Health Plans for Federal Employees more…
Checkbook Guide to Health Plans for Federal Employees and Annuitants for 2021
The 41th edition rates about 276 health insurance plans available to federal employees and retirees more…
Paid Parental Leave for Federal Employees Becomes Law
Federal benefits expert, Ed Zurndorfer, outlines the provisions of the Family and Medical Leave Act (FMLA) for federal civilian employees more…
2021 Federal Pay Freeze Proposed by Senate Appropriations Committee
The Senate Appropriations Committee on Tuesday proposed a pay freeze for federal employees in 2021 as part of its appropriations bill more…
New Method for Making TSP Catch-Up Contributions in 2021
Federal benefits expert, Ed Zurndorfer, describes how the Thrift Savings Plan will implement a new method for catch-up contributions next year — called the “spillover” method — which will apply to all active civilian and uniformed services members age 50 or older. Examples are included. more…