Using “Tax Loss Harvesting” to Save on 2024 Taxes
While investors prefer to have their investments increase in value over time, sometimes an investment that has lost value can produce some good in the form of possible tax savings.
Understanding the Problematic Consequences of Roth IRA Conversions
Roth IRAs have been available since 1998. In spite of their being advertised as a financial panacea, Roth IRAs may not be financially suitable for all individuals. At this time…
Summary of Medicare Enrollment Options for Federal Retirees
Several previous FEDZONE columns have discussed Medicare enrollment options for federal retirees once they become eligible to enroll in Medicare at age 65.
HSAs Can Be Beneficial But Beware of Common Mistakes
A Health Savings Account (HSA) allows federal employees and retirees to contribute and to pay out-of-pocket medical and dental expenses in a tax-advantaged way.
OPM Encourages FEHB Health Plans to Adopt Medicare Part D for Federal Annuitants
A recent FEDZONE column entitled “FEHB Program Health Types and Options” (https://stwserve.com/fehb-program-health-plan-types-and-options/) discusses the various types of Federal Employee Health Benefit (FEHB) program health plans available to federal employees and…
Federal Employees and Retirees Enrolled in an HSA Should Be Aware of Medicare’s Tricky Rules After Age 65
A recent FEDZONE column entitled “FEHB Program Health Types and Options” (https://stwserve.com/fehb-program-health-plan-types-and-options/) discusses the various types of Federal Employee Health Benefit (FEHB) program health plans available to federal employees and…
Employees and Retirees Should Pay Attention to Self and Family Versus Self Plus One Premium Rates When Electing 2025 FEHB Program Enrollment
Federal employees and retirees who are enrolled in the Federal Employees Health Benefits (FEHB) program have three enrollment choices. The enrollment choices are: (1) Self Only; (2) Self Plus One;…
Navigating Medicare Plan Changes for 2025
The 2025 Medicare open enrollment period (OEP) started on October 15,2024 and will continue through December 9, 2024. During the OEP, those individuals aged 65 and older and enrolled in…
FEHB Program Health Plan Types and Options
One of the ways that the FEHB program reduces costs and holds premium costs is by imposing restraint on health care provider choices including doctors, hospitals, laboratories for blood tests…
Understanding How Original Medicare Works
Federal employees become eligible to enroll in Medicare when they become age 65. This is because an employee during his or her working lifetime has paid the Medicare payroll tax…