With many federal employees retiring within the next five to 10 years, questions on required minimum distributions from retirement plans (such as the TSP and IRAs) are becoming prevalent. Ed Zurndorfer, in the first of four columns discussing RMDs, discusses the RMD age and the required beginning date (RBD). more…
The Roth TSP Advantage
Chris Kowalik outlines the advantages of the Roth Thrift Savings Plan including who are the ideal candidates for contributing to it, the difference between the Roth TSP and Roth IRAs, the steps to withdrawal money from the TSP, and how to abide by IRS rules to make it tax-free more…
Why Every Federal Employee Needs An Estate Plan
Ed Zurndorfer discusses why every federal employee should think about how their assets will be disposed of at death — including personal residences, life insurance, Thrift Savings Plan, IRA funds, non-retirement brokerage accounts, checking and savings accounts and personal items more…
Financial Planning Pep Talk for Federal Employees
Federal retirement expert, Chris Kowalik, discusses how procrastination can derail your financial planning — and provides tips on reaching your goals more…
How to Avoid the Biggest Mistakes in Making Beneficiary Designations
A complete and comprehensive estate plan includes properly filled out beneficiary designation forms. Ed Zurndorfer discusses what federal employees need to consider in avoiding the 10 biggest mistakes in making their beneficiary designations more…