Ed Zurndorfer gives an outline of the changes in the new tax line that affect 2025 federal income taxes, including new permanently increased standard deductions, increased deduction for seniors. the increase in State and Local Tax (SALT) deduction, and auto loan interest deduction more…
Latest Thrift Savings Plan (TSP) Returns: Monthly and Annual
View the latest Thrift Savings Plan returns of the G, F, C, S, I and L funds more…
Federal Retirees Encounter Weeks of Delay Receiving Tax Documents from OPM
Numerous federal retirees have been waiting for several weeks to receive important tax documents and are unable to reach OPM for assistance. A group of House members has urged OPM to address the issue more…
2027 COLA Estimate – CSRS | FERS | Social Security
Analysts give a projection of the 2027 cost-of-living adjustment for retirees more…
CSRS / FERS Lump Sum Annuity Option (And How It is Taxed)
If eligible, a retiring CSRS or FERS employee may elect to receive the alternative form of a CSRS or FERS annuity, receiving a lump sum payment equal to the employee’s contributions to the CSRS or FERS Retirement and Disability Fund. Ed Zurndorfer discusses the specific eligibility requirements, the calculation of the lump sum payment and reduced CSRS and FERS annuity, and the tax liabilities more…