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The TSP Early Withdrawal Penalty

December 13, 2024 Chris Kowalik

Chris Kowalik outlines the rules of the early withdrawal penalty (and how to avoid it) when taking money out of the TSP prior to age 59 1/2. more…

Lawmakers Urge White House for 4.5% Pay Raise in 2025

December 11, 2024 My Federal Retirement

House and Senate Democrats are asking the White House for a larger 2025 pay pay raise than it planned to authorize than for civilian federal employees more…

Higher TSP Catch-Up Contribution Limits in 2025 for Some Participants

December 10, 2024 My Federal Retirement

TSP - Thrift Savings Plan

Effective January 1, 2025, the catch-up contribution limit for TSP participants turning ages 60, 61, 62, or 63 will increase more…

Federal Employees with Young Children and Dependent Parents Can Benefit from the Dependent Care Flexible Spending Account

December 6, 2024 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

Federal employees who need child or dependent care for a qualifying relative can benefit through participation in the dependent care flexible spending account (DCFSA). Ed Zurndorfer outlines the DCFSA and how it works more…

Taxes in Federal Retirement

December 5, 2024 Chris Kowalik

Chris Kowalik gives understanding to the tax implications of retiring — and what steps to take today to be ready when it happens more…

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