Federal benefits expert, Ed Zurndorfer, explains why many federal employees are converting traditional retirement accounts (in particular, traditional IRAs to Roth IRAs) to take advantage of the current low federal marginal individual tax rates that are expected to increase during the next 5-10 years more…
White House Proposes 2.7% Pay Raise for 2022
The proposal would provide pay parity between the civilian and military workforce. But several federal employee groups are calling for a larger increase more…
How Traditional IRAs Can Bolster Traditional TSP Accounts
Federal benefits expert, Ed Zurndorfer, describes how traditional IRAs can help boost the value of a traditional TSP participant’s account while the participant continues working in federal service and after the participant has retired from federal service more…
Legislation Introduced to Ban TSP Investment in China
If passed, the Prohibiting TSP Investment in China Act would prohibit funds in the Thrift Savings Plan from investing in any security of a Chinese company more…
Understanding the Differences and Similarities in RMD Rules Between the TSP and IRAs
Federal benefits expert, Ed Zurndorfer, responds to a reader’s question on required minimum distributions for the Thrift Savings Plan vs. IRAs — plus outlines what TSP participants should do to minimize their future RMDs more…