Ed Zurndofer discusses the Thrift Savings Plan life annuity withdrawal option when an employee leaves or retires from federal service including: how much the monthly payment amount is, the types of annuity options that can be purchased, how to purchase them, and additional features that allow beneficiaries. A practical example and important reminders are included more…
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2026 Federal Pay Raise: White House Releases Alternative Pay Plan Letter
The plan proposes an the across-the-board 2026 federal employee pay raise of 1 percent with no increase in locality pay. Some federal law enforcement officers would receive larger raises more…
10 Must-Do Action Items to Prepare to Retire from Federal Service
As you begin planning for retirement, you may be concerned that you’ll miss some critical steps. Federal retirement expert, Chris Kowalik, provides the action items to ensure you’re on track more…
TSP Withdrawal Option: Total Distribution
A retired federal employee has several options for withdrawing from their Thrift Savings Plan accounts. Ed Zurndorfer outlines the total distribution TSP withdrawal option including the income tax consequences for traditional and Roth accounts and the pros and cons of direct rollovers to IRAs
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Preparing Your Exit from Federal Service
Chris Kowalik provides key understanding on voluntary and involuntary departures (including DRP 2.0), who is entitled to what (and when), how the pension and other benefits are affected. Includes example scenarios for federal employees more…