Federal benefits expert, Ed Zurndorfer, discusses how recent changes in the RMD rules may affect the future value of federal retirees’ Thrift Savings Pan accounts more…
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Reform for Social Security’s Windfall Elimination Provision (WEP) Reintroduced
If passed, the proposed legislation could provide more retirement income for some federal employees more…
IRS Extends IRA and Health Savings Account Contribution Deadlines for 2020 Tax Year
Individuals have until May 17, 2021 to meet certain deadlines that would normally fall on April 15. But other deadlines remain April 15. more…
IRS Issues Timeline for Sending Stimulus Payments to Non-Filer Social Security and Other Federal Beneficiaries
The Internal Revenue Service projects stimulus payments to non-filer Social Security and other federal beneficiaries… more…
Reminder on TSP Required Minimum Distributions Rules for 2021
The Coronavirus, Aid, Relief and Economic Security (CARES) Act allowed Thrift Savings Plan participants to waive 2020 required minimum distributions (RMDs). But RMDs have not been waved for 2021 more…