Federal benefits expert, Ed Zurndorfer, discusses the RMD requirements for inherited IRA owners including when they must start, how the RMD is calculated, and the IRS penalty for not taking the RMD more…
Credit Monitoring Services Extended for Feds Affected by 2015 Data Breach
Federal employees affected by the Office of Personnel Management’s data breach in 2015 will receive an extension to their free credit data monitoring services more…
Deadline Dec. 31: Retirees Required Minimum Distributions from Retirement Plans
Retirees born before July 1, 1948 usually must take distributions from their individual retirement arrangements (IRAs) and workplace retirement plans, such as the Thrift Savings Plan, by Dec. 31. more…
Will Federal Employees Get a Pay Raise in 2019?
A spending package negotiation in Congress (due Dec. 21) will likely be the deciding factor more…
TSP Relaxes Hardship Withdrawal Rules for Hurricane Victims
The Thrift Savings Plan is making a temporary change to the financial hardship withdrawal rules for participants affected by Hurricanes Florence or Michael more…