The web-based app also allows taxpayers (who filed in 2018 or 2019 but did not provide banking information on their return) to submit direct deposit information more…
FAQs: Suspension of Required Minimum Distributions for 2020
Federal benefits expert, Ed Zurndorfer, provides timely answers to the recent suspension of RMDs for defined contribution plans (including the Thrift Savings Plan) and traditional IRAs more…
TSP Issues Details on Temporary Changes to Required Minimum Distributions
The Thrift Savings Plan announced this morning the actions that affect participant’s RMDs as authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act more…
New Online Tools Will Help Americans Get and Track Status of Economic Relief Payments
While most payments will be sent automatically starting this week, the new web tools will assist others in confirming their eligibility. It is expected that everyone can check the status of their payments starting April 17. more…
Senate Democrats Propose $25,000 Pay Increase for Frontline Federal Employees
If passed, The Heroes Fund would provide essential workers with increased compensation and incentivize others to join the fight against the COVID-19 virus pandemic more…