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Monthly Archives: January 2023

Likely Changes to Locality Designations on the Horizon

01/17/2023
These areas will be added to existing localities: Duke and Nantucket Counties to Boston, MA Huron County to Detroit, MI Pacific and San Juan Counties to Seattle, WA Greensville County and the City of Emporia to Richmond, VA Selected as ... Read More

10 MORE Easy Ways to Ruin a Federal Retirement (+1 Bonus Way)

01/17/2023
Another 10 mistakes that can be disastrous to your retirement from federal service. Jennifer Meyer, CFP© Hello readers. As promised here are the next ten errors that I identified when I began working on my article series “Ten Easy Ways ... Read More
Retirement Accounts for Federal Employees

Quiz 39: Retirement Accounts for Federal Employees

01/13/2023
Take our latest weekly quiz – on retirement accounts for feds! Try These Quizzes Next: Quiz 38 Quiz 37 Quiz 36 [ays_quiz id=”39″] Retirement Account for Federal Employees Quiz

Family and Medical Leave for Feds: Both Paid and Unpaid

01/12/2023
How and when can a federal employee use FMLA leave – both paid and unpaid. This is the third piece in a series on the types of leave for federal employees. The first two articles covered both sick leave and ... Read More

What’s in the SECURE Act 2.0? – Review the Major Changes and Provisions

01/11/2023
The SECURE Act 2.0 Becomes Law, Bringing Workplace Retirement Plan and IRA Changes. Edward A. Zurndorfer During late December 2022, Congress passed the $1.7 trillion Consolidated Appropriations Act of 2022 which was signed into law by President Biden on December ... Read More
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What Feds Should Know About SECURE Act 2.0

01/10/2023
Beginning with the 2024 tax-year, RMDs from Roth accounts in employer-based plans will no longer be required. RMDs are already not needed from Roth IRAs. For employers that offer their workers a defined contribution plan, like a 401(k) or the ... Read More
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Thrift Savings Plan Monthly Recap: December 2022

01/09/2023
TSP Update for Month Ending December 2022 – 4 of 5 core funds lost ground. Jennifer Meyer, CFP© Investors hoping for a Santa Claus year end market rally in December were disappointed once again this year. The year 2022 is ... Read More
Federal Benefits for 2023

Quiz 38: Changes to Federal Benefits for 2023

01/06/2023
Make sure you’re up to date on the 2023 Pay Raise, COLA, and TSP Contributions. Try These Quizzes Next: Quiz 37 Quiz 36 Quiz 35 [ays_quiz id=”38″] 2023 Changes to Federal Benefits Quiz
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Ed’s Top 10 Financial Tips for Federal Employees in 2023

01/05/2023
Ten Moves Employees Should Consider Performing in 2023 in Order to Put Their Finances in Order Edward A. Zurndorfer– For most American households, the year 2022 was an economically challenging year in many ways. Among the reasons: (1) The highest ... Read More
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FEDLIFE Podcast: Get the Most Out of Your HSA and HCFSA

01/04/2023
This week, Dan Sipe and Ed Zurndorfer talk about the value of HSAs, HCFSAs, saving on medical expenses, and some of the top myths about these accounts.  FEDLIFE Podcast – Get the Most Out of Your HSA and HCFSA (Ep. ... Read More