In a surprise reversal from the previously proposed pay freeze, President Trump announced an increase for base pay — however there is no locality pay adjustment in 2020 in his proposal more…
Some Federal Employees, Retirees May Need to Make 2019 Estimated Tax Payments
Federal benefits and tax expert, Ed Zurndorfer, discusses who (and why) certain federal employees and annuitants will need to make estimated tax payments this year more…
TSP Updates FAQs on New Withdrawal Options
There will be a “black-out” period for withdrawal requests from Sept. 7-14 as the TSP prepares to launch the new withdrawal options effective Sept. 15. more…
Senators Urge Thrift Savings Plan to Reverse Decision to Steer Federal Retirement Savings to China
The Senators say proposed changes to the TSP’s I fund will expose nearly $50 billion in retirement assets of federal government employees to “severe and undisclosed material risks” more…
Are You Having Enough Tax Withheld? Find Out By Using the IRS’ New Estimator
Just because a taxpayer already filed their tax return doesn’t mean they don’t need to think about taxes for the rest of the year more…