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New Method for Making TSP Catch-Up Contributions in 2021

November 3, 2020 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

Federal benefits expert, Ed Zurndorfer, describes how the Thrift Savings Plan will implement a new method for catch-up contributions next year — called the “spillover” method — which will apply to all active civilian and uniformed services members age 50 or older. Examples are included. more…

Medicare & Federal Employees: Coordinating FEHB and Medicare Benefits

October 28, 2020 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

Medicare and Federal Employees

Federal benefits expert, Ed Zurndorfer, explains how the Federal Employees Health Benefits program and Medicare benefits work together. more…

Bipartisan House Bill Would Increase Required Minimum Distribution Age to 75

October 27, 2020 My Federal Retirement

The proposed bill also includes several other changes related to employee-sponsored retirement savings plans and IRAs more…

OPM Provides More Details on FEHB Changes for 2021

October 26, 2020 My Federal Retirement

The Office of Personnel Management issued further details on the health plans for 2021 in addition to the premium rates announcement earlier this month more…

Lawmakers Propose Emergency Increase for 2021 COLA

October 22, 2020 My Federal Retirement

In response to the announcement of a 1.3% cost-of-living adjustment for 2021, two lawmakers have introduced emergency legislation calling to increase next year’s COLA more…

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