Federal retirement expert, Chris Kowalik, reveals the rules of the early withdrawal penalty (and how to avoid it) when taking money out of the TSP prior to age 59-1/2. Examples are provided.
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Federal Employee Groups Press for Higher 2023 Federal Pay Raise Than White House Recommended
While the groups support the White House’s recommendation of a 2023 federal pay raise of 4.6%, most are also pressing for a 5.1% increase more…
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White House Budget Proposes 4.6% Federal Pay Raise for 2023
If implemented, this would be the largest pay increase for federal workers in 20 years more…
Government Guaranteed Savings Bonds Paying 7.1% Interest? Yes, They Are Real.
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Some Federal Employees and Retirees Face Two Important Deadlines: Medicare and RMDs
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Short-Term Disability Insurance for Federal Employees Proposed in Legislation
If passed, federal employees could purchase the insurance at group rates but would be responsible for 100 percent of the premiums more…
Individuals Should Check on Advance Child Tax Credit and Economic Impact Payments When Preparing 2021 Tax Returns
Federal benefits and tax expert, Ed Zurndorfer, discusses what steps to take to confirm receipt of either or both of these payments. Plus, what happens when either payment is received but the individual is not eligible? Or what happens when an eligible individual did not receive either payment? more…
The Goals, the Gap and the Gains
Federal retirement expert, Chris Kowalik, discusses why goal setting can leave federal employees feeling frustrated and overwhelmed. She gives real world examples of how to break down goals into manageable steps
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Medicare Advantage & Drug Programs (Parts C & D): What Federal Employees Should Know
Federal benefits expert, Ed Zurndorfer, discusses Medicare Advantage plans (Medicare Part C) and the Medicare Prescription Drug program (Medicare Part D) and what federal retirees should consider when deciding to enroll in either or both of these programs more…