The actions of scaling back one’s lifestyle in retirement and paying off existing loans such as mortgage can result in lower credit scores. Ed Zurndorfer provides tips on what retirees should do to keep their credit scores up more…
How to Leave Your Heirs an Inheritance, Not a Tax Bill
Under recent laws, it has become more difficult for federal employees to leave their retirement savings to their children and grandchildren. Ed Zurndorfer outlines considerations and questions for those planning their legacy for future generations more…
Reform Proposed for Social Security’s Windfall Elimination Provision (WEP)
If passed, the proposed legislation could provide more retirement income for some federal employees more…
Understanding the Gift Tax Rules and Why They are Important – Part II
Ed Zurndorfer discusses the procedure of an individual’s lifetime giving and how lifetime giving may or may not lower taxes for the heirs of the individual’s estate more…
Understanding the Gift Tax Rules and Why They Are Important – Part I
Ed Zurndorfer outlines what constitutes a gift, the annual gift tax exemption, and gift tax returns. Several practical examples are provided more…