Federal retirement expert Chris Kowalik discusses the financial impact recent proposed changes to pay, benefits and retirement could have on both federal employees and retirees. Chris provides insight on the likelihood of whether each of the proposed changes may (or may not) happen — plus some practical examples of how costly they could be if implemented more…
Lawmakers Propose 2019 Federal Pay Raise of 3%
Congressman Gerry Connolly (D-VA) and Senator Brian Schatz (D-HI) Jan. 12 reintroduced the Federal Adjustment… more…
RSC 2019 Budget Proposes Cuts to Federal Pay, Retirement Benefits
The Republican Study Committee released Wednesday their annual budget proposal for fiscal year 2019 entitled… more…
Back Door Roth IRA Strategy Still Available Under the New Tax Law
The strategy allows individuals to move funds into a Roth IRA even if they do not qualify because their income exceeds the allowable limits. Federal benefits expert Ed Zurndorfer provides 5 advisories for federal employees on this strategy more…
Why Federal Employees, Retirees Should Recheck Federal Tax Withholding for 2018
The new tax law makes it even more important this year to having too little tax withheld — from paychecks and CSRS or FERS annuities — and facing unexpected large tax bills or penalties. Includes a list of who should check withholding, plus tips for using the IRS’s updated calculator more…