Federal retirement expert, Chris Kowalik, discusses how to increase the money you have to live the retirement you want — and protect that money from others who want to take it from you more…
Latest Articles
2023 COLA Estimated to be 8.7%
A nonpartisan seniors group predicted last week that the 2023 cost-of-living adjustment for Social Security retirement benefits could be as much as 8.7% — the largest increase in nearly 40 years more…
Income Tax and Estate Tax Consequences of Owning a Life Insurance Policy
Ed Zurndorfer discusses the income tax and estate tax consequences associated with owning a life insurance policy more…
Proposed Bill Would Repeal Federal Taxes on Social Security Benefits
If passed, the You Earned It, You Keep It Act would repeal all of the federal taxation on Social Security retirement benefits beginning in 2023 more…
Federal Employees Should Review Their Life Insurance Needs and Choices
Ed Zurndorfer outlines the types of policies — their advantages and disadvantages — and the ways individuals can buy individual life insurance more…
Lump Sum Employee Benefits Paid to Eligible Beneficiaries of Deceased CSRS and FERS Employees
Ed Zurndorder explains what the lump sum credit is, the rules that apply in paying the lump-sum credit to eligible surviving family members, and the procedures the eligible surviving family must follow to apply for the lump-sum credit more…
White House Formalizes Average 4.6% Pay Raise for Federal Employees in 2023
TThe president’s alternative pay plan is an across-the-board base pay increase of 4.1% and a locality pay increase of an average of 0.5% more…
Your Retirement Scorecard
Federal retirement expert, Chris Kowalik, outlines 20 key points to consider when determining your retirement readiness — plus get access to a free online quiz: Your Retirement Scorecard… more…
Transactions Permissible and Not Permissible Upon the Death of An IRA Owner
Federal benefits expert, Ed Zurndorfer, discusses IRA contributions (including spousal IRA contributions), qualified charitable distributions, required minimum distributions (RMDs) and rollovers following the death of a traditional IRA and Roth IRA owner more…
Locality Pay Increases Could Affect 30,000 Federal Employees
The Federal Salary Council recommended a list of new locality pay areas and adjustments that would improve the salaries of nearly 30,000 federal employees if implemented more…