Chris Kowalik explains how your income changes when you retire from federal service, which expenses go up and which go down in retirement, and how you can fill the income shortfall more…
10 Costly TSP & IRA Rollover Errors Federal Employees & Retirees Should Avoid
Many federal employees and retirees choose to rollover their TSP accounts and IRAs. But as Ed Zurndorfer explains, costly errors can be avoided by understanding the rules on which retirement accounts can and cannot be rolled over, important deadlines, and when a direct rollover should be performed rather than a rollover or a withdrawal
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White House Budget Calls for 2027 Federal Pay Freeze
The White House proposed on Friday up to a 7% military pay raise, but no 2027 pay raise for civilian employees more…
FAQs: Federal Retirement & Taxes
It’s been a confusing and frustrating tax season for many federal retirees, not including the delay for many in receiving their 1099-R form. Here’s a list of frequently asked questions provided by the Office of Personnel management that covers information about your 1099-R, how much of your annuity is taxable (or tax-free), refunds of retirement contributions, and why the tax on your federal retirement annuity may have changed. Links, phone numbers, forms and other helpful resources are included more…
Tax Deadlines for Federal Employees and Retirees
April 15 represents several import tax deadlines other than just filing. Ed Zurndorfer outlines them including IRA contributions and Roth IRA recharacterizations. more…