19 Things to Cut When Money Gets Tight (Most People Ignore #11)
Chris Kowalik explains how using the TSP the wrong way — or for the wrong reasons — can jeopardize your retirement goals more…
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Tax Rules for Roth TSP to Roth IRA Rollovers
Many federal employees choose to rollover their Roth Thrift Savings Plan to a Roth IRA. But the rules are complicated. Ed Zurndorfer explains the rules and provides practical examples more…
$2400 Increase in Social Security Benefits Proposed
If passed, the Social Security Expansion Act would also ensure the long-term solvency of Social Security for 75 years more…
Understanding the Basics of Retirement Plan Rollovers
Retirement plan rollovers are an important part of a federal employee or retiree’s overall retirement savings — especially true those who own multiple retirement accounts, including the Thrift Savings Plan, IRAs, and other retirement accounts such as a 401(k). Ed Zurndorfer provides insight on rollovers to help federal employees and retirees consolidate accounts or optimize their tax strategy more…
Update on Implementation of Repeal of Social Security’s WEP, GPO
The Social Security Administration (SSA) has issued updates on the progress of the implementation of the Social Security Fairness Act which repealed the Windfall Government Provision (WEP) and the Government Pension Offset (GPO). The updates answer questions of when beneficiaries will see their benefits increase, how many months of benefits they will receive, and issues regarding Medicare premiums more…