Federal benefits expert, Ed Zurndorfer, discusses what loan options and withdrawal options will be available for participants affected by COVID-19. more…
New TSP Withdrawal and Loan Options from CARES Act
Federal retirement expert, Chris Kowalik, discusses the new guidance just released by the TSP on withdrawals and the loan options for participants affected by COVID-19. Who qualifies? Are these changes advantageous to you? What are the potential problems you should think through before making a decision?
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IRS Wants Stimulus Payments Sent to Deceased Taxpayers Returned
The IRS announced that coronavirus Economic Impact Payments issued to deceased individuals should be returned if the person died before they received it more…
Union Urges Extension of Federal Tax Filing Deadline to Oct. 15
Treasury and IRS officials initially extended the deadline from April 15 to July 15, but current economic and health conditions suggest that another three months is necessary more…
IRS Provides Tax Relief for Individuals Enrolled in Flexible Spending Accounts, Including FSAFEDS
Federal benefits expert, Ed Zurndorfer, explains how federal employees enrolled in FSAFEDS can get tax relief through flexibility in 2020 more…