Ed Zurndorfer explains how the elective deferral limit may apply to federal employees who contribute to both the Thrift Savings Plan and to another qualified retirement plan such as a 401(k), 403(b), or a 408(k)-retirement plan. more…
Treasury to Suspend Investments to TSP G Fund, Some Federal Retirement Programs to Avoid Hitting Debt Ceiling
These actions have been taken before, and the Treasury Secretary made assurances that the federal programs affected “will be made whole.” more…
FEHB Could Be Wasting $1 Billion Per Year, GAO Report Says
The report indicates that due to a lack of information about the number of ineligible family members receiving payments, the Federal Employees Health Benefits program could be wasting nearly $1 billion each year more…
10 Tips for Preparing to File 2022 Federal Income Tax Returns
Ed Zurndorfer provides 10 recommendations for federal employees and retirees for getting ready to either prepare their tax returns themselves or getting their documents and information together in order for a paid preparer to prepare their returns in the most efficient and least costly way. more…
No Lifetime RMDs for Roth TSP Participants: Ramifications for Current and Future Federal Retirees
Ed Zurndorfer discusses the ramifications of this change from the Secure Act 2.0 for Roth TSP participants who are currently in federal service and federal annuitants who own Roth TSP accounts but are ineligible to contribute to their Roth TSP account more…