While the new law has no effect on current federal retirees’ health benefits participation and cost, federal benefits expert, Ed Zurndorfer, says chances are good that both current and future federal retirees will be affected by similar reforms in the near future more…
The TSP Early Withdrawal Penalty
Federal retirement expert, Chris Kowalik, reveals 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. Examples are provided.
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Federal Employee Groups Press for Higher 2023 Federal Pay Raise Than White House Recommended
While the groups support the White House’s recommendation of a 2023 federal pay raise of 4.6%, most are also pressing for a 5.1% increase more…
Who Has to File a Report of Foreign Bank and Financial Accounts (FBAR)?
Federal benefits and tax expert, Ed Zurndorfer, explains when Individuals who have a financial interest in, or a signature authority over, a financial account located outside of the U.S may have to file more…
White House Budget Proposes 4.6% Federal Pay Raise for 2023
If implemented, this would be the largest pay increase for federal workers in 20 years more…