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Working From Home: Can Federal Employees Claim A Home Office Tax Deduction?

August 10, 2020 My Federal Retirement

With more people working from home than ever before, here are some  insights from the IRS to help taxpayers understand the home office deduction and whether they can claim it more…

TSP Lifts Restriction on Starting and Restarting Installment Payments Based on Life Expectancy

August 5, 2020 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

Federal benefits expert, Ed Zurndorfer, explains how installment payments based on life expectancy work — and what the change in the rule means (with a practical example) more…

Relief for Almost Anyone Wanting to Return Unneeded 2020 Required Minimum Distribution

July 30, 2020 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

Federal benefits expert, Ed Zurndorfer, explains what federal employees and retirees need to know about this RMD relief and the August 31 deadline for taking action. Several practical examples are provided more…

New Locality Pay Areas Proposed for 2021

July 29, 2020 My Federal Retirement

The Office of Personnel Management has issued a proposal to add another new locality pay area and expand an existing area more…

AFGE Expands Lawsuit for COVID-19 Hazard Pay

July 28, 2020 My Federal Retirement

The American Federation of Government Employees has added plaintiffs from several new agencies in their lawsuit against the federal government on behalf of those who were exposed to the coronavirus while on duty more…

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