Learn why thousands of federal employees and retirees are protecting their their retirement savings from inflation and economic uncertainty.The strategy allows individuals to move funds into a Roth IRA even if they do not qualify because their income exceeds the allowable limits. Federal benefits expert Ed Zurndorfer provides 5 advisories for federal employees on this strategy more…
Recent Articles
Why Federal Employees, Retirees Should Recheck Federal Tax Withholding for 2018
The new tax law makes it even more important this year to having too little tax withheld — from paychecks and CSRS or FERS annuities — and facing unexpected large tax bills or penalties. Includes a list of who should check withholding, plus tips for using the IRS’s updated calculator more…
Does Your State Have an Estate or Inheritance Tax?
In addition to the federal estate tax of 40 percent, some states impose an additional… more…
Thrift Savings Plan Releases 2017 Administrative Expenses
The Thrift Savings Plan (TSP) released the 2017 net administrative expense figures last week revealing… more…
Some Federal Employees Receiving Large Tax Bills Due to Tax Reform Change
Nine federal employee groups sent an urgent letter regarding an issue with tax implications affecting a large number of federal employees and retirees. more…
Individuals Unable to Pay Balance Due on 2017 Tax Returns Should Still File
Federal benefits expert, Ed Zurndorfer, discusses possible payment options and penalties for individuals unable to pay the balance due on their returns more…
6 New Federal Locality Pay Areas for 2019 Being Considered
Federal employees working in six areas of the U.S. may become part of the locality… more…
OPM Provides Details on Proposed Changes to Federal Retirement, Benefits, and Pay
The Office of Personnel Management recently provided details of the proposed legislation for federal benefits… more…
Federal Employees Should Be Aware of ‘Kiddie’ Tax
Federal benefits expert, Ed Zurndorfer, discusses what the kiddie- tax is — and how it has continued to frustrate investors and financial advisors over the past 30 years more…
How New Tax Law Will Affect Health Care Costs for Federal Employees and Retirees
Federal benefits expert, Ed Zurndorfer, discusses how the new tax law will affect FEHB plan premiums and Medicare part B costs more…