Federal benefits expert, Ed Zurndorfer, discusses the RMD rules that apply to a Thrift Savings Plan spouse beneficiary of a deceased civilian or uniformed services more…
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Most Common Federal Retirement Application Errors
Federal employees nearing retirement are encouraged to review the data in order to lessen the possible delay in receiving their benefits more…
2022 Cost-of-Living Adjustment (COLA) Predicted to be 6.2%
If the projection holds until the official figure is determined in October, it would be the highest COLA increase since 1983 more…
Understanding TSP Required Minimum Distribution Rules for Separated and Retired TSP Participants
Federal benefits expert, Ed Zurndorfer, outlines the rules for required minimum distributions (RMDs) for TSP participants who have separated or retired from federal service. Included is a discussion of the deadlines; procedure for meeting requirements in the first, second and subsequent years; suggestions to reduce RMD amounts — plus several practical examples more…
Legislation Would Raise Age for Required Minimum Distributions, Increase Catch-Up Contribution Amounts for Retirement Savings
Proposed bills in both the House and Senate would raise the age for required withdrawals (RMDs) and increase the amount for catch-up contributions for retirement savings accounts more…