Many Thrift Savings Plan investors have seen their accounts dwindle in value in just a few days. Whether you’re close to retirement or have a ways to go, federal retirement expert, Chris Kowalik, provides some candid insights on this topic before making any knee-jerk reactions more…
Seniors Could Use Tax-Free Life Insurance Settlements To Pay Health Care Expenses Under Proposed Bill
If passed, the legislation would allow seniors to roll over their life insurance sale proceeds, tax-free, into senior heath planning accounts more…
Volatile Market: The TSP and the Coronavirus
Federal retirement expert Chris Kowalik discusses the financial impact the coronavirus is having on federal employees who are investors in the Thrift Savings Plan. Specifically, she addresses: Is there a reason to panic? Should you rebalance your TSP because of this market downturn? Are there any weaknesses exposed in TSP when we have a volatile market?
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Under New Law, Is a 2018 State Tax Refund Received in 2019 Considered Taxable Income in 2019?
Federal benefits and tax expert, Ed Zurndorfer, describes why any individual who itemized their 2018 federal income taxes must determine if a state income tax refund is taxable income for 2019 more…
Social Security Issues Warning of Widespread Scam Texts
The texts warn about a Social Security number problem and ask the recipient to call a number back to resolve the problem and avoid legal action more…