16 Things Seniors Born Between 1941-1969 Could Take Advantage Of
Federal benefits expert, Ed Zurndorfer, explains how the SECURE Act rules for required minimum distribution affect trusts as IRA and workplace retirement plan beneficiaries more…
Thrift Savings Plan (TSP)
Recently Proposed IRS Regulations on New 10-Year RMD Rule Are a Surprise – Part 2
In part 2 of this 3-part series, federal benefits expert, Ed Zurndorfer, explains RMD rules for inherited Roth IRAs and for successor beneficiaries of traditional inherited IRAs and workplace retirement plan participants such as the Thrift Savings Plan more…
Recently Proposed IRS Regulations on New 10-Year RMD Rule Are a Surprise – Part I
Federal benefits expert, Ed Zurndorfer, explains the major surprise: The IRS’ interpretation of how the 10-year rule for required minimum distributions applies to certain individual retirement accounts and workplace retirement plan beneficiaries more…
House Passes Bill to Increase Catch-Up Contribution Limit and RMD Age for TSP Participants
If signed into law, the SECURE Act 2.0 would increase the required minimum distributions age and increase the limit on catch-up contributions to qualified employer-sponsored retirement plans such as the Thrift Savings Plan more…
TSP’s Proposed Mutual Fund Window Would Have More Fees, Restrictions
Proposed rules published in the Federal Register outline an annual maintenance fee, per trade fees, plus limits and requirements for fund transfers more…
TSP Likely to Offer Mutual Fund Window Including Climate Friendly Options in 2022
The window will allow TSP investors to allocate funds in their account to more than 5,000 investments more…
The Importance of Naming a Successor Beneficiary to TSP and IRA Accounts
Federal benefits expert, Ed Zurndorfer, discusses the various considerations when designating a beneficiary if the primary beneficiary predeceases the account owner more…
Understanding the 5-Year Rules for Roth Accounts
Since their creation in 1998, there are still numerous questions surrounding the “5-year rules” for Roth accounts. Federal benefits expert, Ed Zurndorfer, explains these rules for Roth Thrift Savings Plan distributions, Roth IRAs, traditional TSP transfers to Roth IRAs, and conversions of traditional IRAs to Roth IRAs more…
TSP Participants Can Now Submit Withdrawal and Loan Forms Online
Thrift Savings Plan participants can find an up-to-date list of TSP forms that can be completed and uploaded online more…
How Traditional IRAs Can Bolster Traditional TSP Accounts
Federal benefits expert, Ed Zurndorfer, describes how traditional IRAs can help boost the value of a traditional TSP participant’s account while the participant continues working in federal service and after the participant has retired from federal service more…