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…
Recent Articles
New Long Term Care Insurance Plan FLTCIP 3.0
Federal retirement expert, Chris Kowalik, discusses who is eligible for the FLTIP 3.0 version, what options 1.0 and 2.0 participants have, changes in the benefit periods and inflation protection options, and the premium stabilization feature more…
Federal Employees Could Get Largest Pay Raise in 10 Years
Congressional appropriators reached an agreement Monday for a 2020 spending package giving federal employees the largest pay raise since 2009 more…
House, Senate Bills Would Correct Locality Pay Disparity for Federal Employees
If passed, the Locality Pay Equity Act would close this gap by applying the pay boundaries for salaried employees to hourly workers more…
What is the Best Time of Year to Take a Required Minimum Distribution?
While there’s no right or wrong answer, here are some important factors that Thrift Savings Plan participants and IRA owners should consider when making the decision more…
Senators Want to Replace Thrift Savings Board Over Change in TSP’s I Fund
The senators say FRTIB’s decision to steer federal retirement savings to opaque Chinese firms engaged in human rights abuses and military-related activities is “short-sighted” and “foolish”
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IRS Warns Taxpayers of Gift Card Scam
The Intern Revenue Service says there are many reports of taxpayers being asked to pay a fake tax bill through the purchase of gift cards more…
Two-Step Login Authentication Becomes Mandatory in December for TSP Participants
The added security helps protect a participant’s account against fraud. An instruction sheet is provided more…
Social Security Launches New Online Form to Report Scam Calls
The form is expected to disrupt the scam telephone calls, help reduce this type of fraud and the number of victims. A link to the form is provided more…
Federal Employees and Retirees Can Pay Medical Expenses in a Tax-Favored Way with a Health Savings Account
Federal benefits expert, Ed Zurndorfer, discusses the requirements to own and contribute to an HSA — and the benefits of making withdrawals to pay qualified medical expenses more…