Long-term care (LTC) insurance started in the late 1970’s and early 1980’s in response to the growing recognition of the need for financial protection against the prohibitive costs of LTC…

Many individuals do not understand long-term care (LTC). LTC includes a range of services for individuals who have functional limitations or chronic health conditions. These limitations may be the result…

There is no doubt prescription drug costs are increasing and remain a financial challenge for many Americans, including federal employees and retirees. To help make prescription drug costs more affordable,…

Since early February 2025, thousands of federal employees have received notices from their agencies about losing their federal jobs. Many of these employees are not eligible for any type of…

The Thrift Savings Plan (TSP) offers two types of loans for TSP participants. One loan is called a general-purpose loan, and the other is called a primary residence loan. When…

A recent FEDZONE column discussed “vesting” retirement requirements for FERS employees. With thousands of federal employees losing their federal jobs in recent months, the question among many of these departing…

Thousands of federal employees have lost their federal jobs in the last few months due to reduction-in-force (RIFs), firing or elimination of job positions. Most of these employees are not…

Those federal employees and retirees who owe additional federal income taxes when they file their 2024 federal income tax returns may have to make federal estimated tax payments during 2025.

April 1,2025 is the deadline for federal employees and retirees born between January 1 and December 31 ,1951 owning traditional IRAs to take their first traditional IRA required minimum distribution…

Many retirees are not aware that Social Security monthly disability and retirement benefits are potentially federal and (in some states) state taxable. Social Security beneficiaries who receive monthly benefits should…