How a Lump Sum Payment for Unused Annual Leave is Calculated and Taxed
A federal employee will receive a lump-sum payment for any unused annual leave hours when he or she separates from federal service.
The FEDZONE contains all articles written by Ed Zurndorfer:
A former career Federal employee, Ed has published a staggering 1,200+ separate articles on Federal Benefits and Retirement!
Just “Google” his name, and you are likely to find a plethora of sites that contain his writings. Drawn to its mission to reach, teach
and serve Feds, Serving Those Who Serve is the only financial planning practice with which Ed has chosen to affiliate in over
20 years teaching. In addition to conducting Federal Benefits seminars for Serving Those Who Serve, you can find Ed’s
writings here on our blog in the FedZone, and on Fed-Soup, MyFederalRetirement, FederalNews Radio and NITP. He is a
member of the Maryland Society of Accountants, the National Association of Enrolled Agents, the International Society of
Certified Employee Benefits Specialists, the Financial Planning Association, the National Association of Health Underwriters,
and the Society of Financial Service Professionals. Since 1999, Ed has taught many thousands of Federal employees about
their benefits, in person and at Federal agencies all over the country. Ed is a true national treasure.
A federal employee will receive a lump-sum payment for any unused annual leave hours when he or she separates from federal service.
Debunking Health Care Flexible Spending Account (HCFSA) Myths and Why Every Federal Employee Should Own an HCFSA
FEHB Open Season ends December 12th and Open Enrollment for Medicare ends on the 7th
What is A Health Savings Account (HSA)? And How Can Federal Employees Can Benefit by Owning An HSA?
Information and Suggestions for Employees and Retirees Who Are Enrolling or Reenrolling in the Federal Employee Dental and Vision Insurance Program (FEDVIP)
Federal Employees and Retirees Have Decisions to Make During “Open Season” for Health Benefits
Here are seven great tips for tax planning as 2022 wraps up.
Social Security Administration and the Internal Revenue Service Announce Benefit and Contribution Limits for 2023
OPM has announced 8.7% COLA for CSRS, meaning 7.7% COLA for FERS annuitants.
Here are the options for reversing a social security benefits claiming decision and their consequences