FERS retirement, military service credit, FERS deposit, federal employee retirement, military retirement pay, federal workforce reduction

With a new Presidential administration and a new Congress taking office in January 2025, there has been much discussion in Washington on reducing the size of the federal workforce.

Join Ed and Dan as they discuss OPM's push for FEHB health plans to adopt Medicare Part D for federal retirees. They cover key changes from the Inflation Reduction Act,…

Ed and Dan cover important retirement deadlines for 2024, including RMDs for TSP and IRA owners, and the benefits of Qualified Charitable Distributions (QCDs). They also discuss Roth IRA conversions…

Ed and Dan take a comprehensive deep dive into the complexities of Medicare, breaking down its four key components: Part A, Part B, Part C, and Part D. They also…

Each year, IRS rules limit the amount that employees can contribute via payroll deduction to their qualified retirement plans such as 401(k), 403(b) and 457 retirement plans. Federal employees are…

There is uncertainty as to the amount of the 2025 pay raise. In August, President Biden formalized his proposed 2.0 percent average pay raise, stipulating that 1.7 percent would be…

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.

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…

Several previous FEDZONE columns have discussed Medicare enrollment options for federal retirees once they become eligible to enroll in Medicare at age 65.