Follow the trend for the 2027 cost-of-living adjustment for those under the Civil Service Retirement System, the Federal Employees Retirement System and Social Security more…
Federal Retiree COLA History: CSRS COLA and FERS COLA
The cost-of-living adjustment (COLA) history for CSRS and FERS from 1999 to 2026 more…
Foreign Tax Credit: How it Works and Who Can Claim It
The foreign tax credit is an IRS tax break that offsets tax paid to other countries. Ed Zurndorfer explains how some federal employees may qualify for it, and the IRS reporting requirements more…
OPM Retirement Application Backlog Surges to 65,237
The monthly average processing time for February was 72 days. While processing digital retirement applications is faster, many paper claims are still coming in from federal agencies as the government transitions to the digital system. more…
Changes to the Child Tax Credit Resulting from OBBBA
The one Big Beautiful Bill Act (OBBBA), which President Trump signed into law in July 2025, permanently extended the enhanced Child Tax Credit beyond 2025. Ed Zurndorfer explains who is a qualifying child for the CTC, and how it’s calculated. A practical example is included. more…