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Recent Articles
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…
New Federal Filing Option for Taxpayers Over Age 65 (Working or Retired)
Taxpayers age 65 or older now have the option to file the new Form 1040-SR whether they are working, not working or retired… more…
Significant Changes Coming to TSP and IRAs from SECURE Act
The new rules for IRAs and the TSP mean a new landscape for retirement and estate planning for federal employees and retirees. Federal benefits expert, Ed Zurndorfer, explains why more…
IRS Launches Improved Tax Withholding Estimator to Help Workers Target the Tax Refund They Want
Starting in 2020, federal income tax withholding is no longer based on an employee’s marital status and withholding allowances, tied to the value of the personal exemption. more…
3 Retirement Resolutions You Should Make for the New Year
Federal retirement expert, Chris Kowalik, discusses three retirement resolutions you should be making in the new year — specifically how making smaller, realistic goals (and sticking to them) can lead to big results over time more…