No matter what decision is made – is the life annuity option ever worth it? The biggest problem with purchasing the annuity is that it is irrevocable and as it is a single-premium immediate annuity, you cannot surrender the contract ... Read More

Take our latest quiz. This week we’ve got questions on TSP taxes, Medicare part D, and lending money to family members. UPCOMING TAXES WEBINAR [ays_quiz id=”52″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources ... Read More

In this episode, Ed Zurndorfer joins Dan Sipe to explain how the IRS taxes federal government pensions for CSRS and FERS employees.  UPCOMING TAXES WEBINAR FedLife Podcast (Ep. 94): How the IRS Taxes FERS and CSRS Annuities When employees retire, ... Read More

Individuals Unable to Pay Balance Due on 2022 Federal Income Tax Return Should Still File Edward A. Zurndorfer – With less than a week remaining until the 2022 Federal income tax return filing deadline of April 18, 2023, those individuals ... Read More

On the business side of things, this was welcomed news by the manufacturer. After the inspection results were made public, the corporation’s stock grew over 6% on April 3rd. Piramal Pharma has a 5-year loss of almost 75%* but the ... Read More

TSP Update for Month Ending March 2023- only the S fund sees negative month while I and C funds both grew over 7%! Jennifer Meyer, CFP© After a significant rise in January, and subsequent decline in February, March brought a ... Read More

The Federal Employee Retirement System – here’s a list of fast facts that you should keep in mind. Welcome to part one of a new series of “listicles.” We’ll be going over 5 key points to remember for several areas ... Read More

While Completing Preparation of 2022 Income Tax Returns, Some Employees and Retirees May Have to Make Estimated Tax Payments During 2023. Edward A. Zurndorfer – Many federal employees and annuitants receive income during the year that is not subject to ... Read More

This week’s quiz focuses on TSP Withdrawals, Social Security benefits, and the NTEU. UPCOMING TSP WEBINAR [ays_quiz id=”51″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that ... Read More

What feds should know about lending their family members money By: Katelyn Murray, CFP®, ChFEBC®, FBS®, CFT-1™, ECA – In our day-to-day work helping Feds create financial plans to meet their dynamic goals, one of the trends we’re seeing more ... Read More