Learn why thousands of federal employees and retirees are protecting their their retirement savings from inflation and economic uncertainty.
Chris Kowalik outlines the opportunities (and the consequences) to leaving federal service under the VERA/VSIP more…
Some Separating Federal Employees May Qualify for Discontinued Service Retirement
Over the last several weeks, there have been thousands of federal employees who have received notice that they are or will be involuntarily separated from federal service. Those employees who have 20 or more years of creditable federal service may be eligible for a discontinued service retirement (DSR). A discontinued service retirement means that an employee is eligible to retire and be able to immediately start collecting their CSRS or FERS annuity. Ed Zurndorfer discusses the DSR option and rules for CSRS and FERS employees more…
2026 Federal Pay Raise Proposed at 4.3%
If passed, the Federal Adjustment of Income Rates (FAIR) Act would give a 2026 federal pay raise including an overall average 3.3% increase in base pay with 1% for locality pay more…
Homeownership Can Shelter Federal Employees and Retirees from Income Taxes
Ed Zurndorfer outlines some key tax deductions and tax exclusions associated with homeownership that federal employees and retirees should be aware of when it comes to owning, buying and selling a home more…
Bill Reintroduced to Eliminate Income Tax on Social Security Benefits
If passed, the Senior Citizens Tax Elimination Act (HR 1040) will amend the Internal Revenue Code to eliminate Social Security benefits in an individual’s gross income. A senior group estimates the annual tax savings per household and the possible impact on future cost-of-living adjustments (COLAs) more…