Federal benefits expert, Ed Zurndorfer, provides an overview of the the FERS special retirement supplement, its earning test, and how to report earnings to the Office of Personnel Management. Practical examples are included. more…
Recent Articles
Zero Retiree COLA Likely For 2021, Senior Group Predicts
Social Security benefits have also lost 30 percent of buying power since 2000, according to a recent study by the group more…
TSP Issues Updated Details on Temporary Loan and Withdrawal Options from CARES Act
Federal benefits expert, Ed Zurndorfer, discusses what loan options and withdrawal options will be available for participants affected by COVID-19. more…
IRS Wants Stimulus Payments Sent to Deceased Taxpayers Returned
The IRS announced that coronavirus Economic Impact Payments issued to deceased individuals should be returned if the person died before they received it more…
Union Urges Extension of Federal Tax Filing Deadline to Oct. 15
Treasury and IRS officials initially extended the deadline from April 15 to July 15, but current economic and health conditions suggest that another three months is necessary more…
IRS Provides Tax Relief for Individuals Enrolled in Flexible Spending Accounts, Including FSAFEDS
Federal benefits expert, Ed Zurndorfer, explains how federal employees enrolled in FSAFEDS can get tax relief through flexibility in 2020 more…
TSP Releases Details of Withdrawal Changes for Participants Affected by COVID-19
The Thrift Savings Plan highlighted withdrawal provisions of the CARES ACT that have favorable tax treatment — including hardship withdrawals and age-based in-service “59½” withdrawals more…
6 Reasons Your Economic Impact Payment Could Be Less Than Expected
The IRS issued the common scenarios that may explain why you received a different payment amount than expected (plus a chart to help you calculate your payment) more…
Is Now a Good Time to Refinance Student Loans?
With record low interest rates available, federal employees or family members with student loans might be thinking of refinancing. Federal benefits expert, Ed Zurndorfer, outlines important considerations, alternatives and mistakes to avoid more…
Wednesday Deadline to Get Quicker Economic Impact Payment from IRS
For many taxpayers, the last chance to obtain a direct deposit of their Economic Impact Payment rather than receive a paper check is Wed., May 13 at noon more…