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…
Who Has to File a Report of Foreign Bank and Financial Accounts (FBAR)?
Federal benefits and tax expert, Ed Zurndorfer, explains when Individuals who have a financial interest in, or a signature authority over, a financial account located outside of the U.S may have to file more…
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.
If your emergency funds are in bank accounts, it’s time to think about Series I Savings Bonds (I Bonds) from the U.S. Government. These bonds are currently paying 7.1% in interest. Certified Financial Planner, Arthur Stein, explains the advantages and disadvantages more…