Required minimum distributions from many retirement savings plans and individual retirement accounts must usually be taken by Dec. 31. FAQs and other resources are provided more…
New IRS Life Expectancy Tables Will Impact Many Federal Employees and Retirees on Jan. 1, 2022
Federal benefits expert, Ed Zurndorfer, discusses the impacts of new life expectancy tables for calculating required minimum distributions (RMDs) for IRAs, the Thrift Savings Plan and other retirement plans more…
Federal Employees Should Act Now to Avoid Missing 2021 Tax Savings Opportunities
Federal benefits and tax expert, Ed Zurndorfer, outlines tax moves that many federal employees should consider performing in order to reduce their 2021 federal tax liability more…
Proposed Legislation Would Expand Social Security, Repeal GPO and WEP
If passed the “Social Security 2100: A Sacred Trust” bill would increase Social Security benefits, improve the cost-of-living adjustment (COLA) calculation, and change and repeal the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) more…
Legislation Would Reform Social Security’s Windfall Elimination Provision
If passed, the “Equal Treatment of Public Servants Act of 2021″ would permanently replace the Windfall Elimination Provision (WEP) for those affected with a new formula for calculating Social Security benefits more…