Employees to Pay for Child and Adult Day Care Expenses By Using DCFSA
11/27/2020
FSA funds for adult and child daycare- Ed explains the rules Edward A. Zurndorfer As the cost of living rises from year to year, child and adult day care expenses also continue to grow. According to the U.S. Department of ... Read More
Boeing Gets Thumbs Up from FAA to Use 737-Max Airplanes Again
11/25/2020
Grounded since 2019, the FAA approves Boeing’s 737-Max Airplanes for Flight It has been over 20 months since a March 2019 plane crash in Ethiopia that resulted in a ban on Boeing’s 737-Max model of airplane. Both the Federal Aviation ... Read More
Proposed Pay Freeze for 2021
11/24/2020
Pay Raise Uncertain for 2021 as talks about a Pay Freeze pop up in Congress Jennifer Meyer, CFP® Just one month ago, I wrote an article indicating the likelihood of a 1% pay raise in 2021. My, how things can change quickly. ... Read More
An HCFSA Can Help Reduce an Employee’s Out-of-Pocket Medical Expenses
11/23/2020
Health Care Flexible Spending Accounts Help Pay Out-of-Pocket Medical, Dental and Vision Expenses in a Tax-Preferential Way Edward A. Zurndorfer– An important decision that employees have to make during the 2020 federal benefits “open season” is whether they want to ... Read More
USPS News: 2020 Fiscal Year Report, the Coronavirus, and the Election
11/20/2020
Posting a 2020 Fiscal Year Loss of $9.2 billion, the USPS has been hit by the Coronavirus, and was a major player in the recent presidential election The US Postal Service has received a large amount of attention in 2020. ... Read More
HSA: Tax-Efficient Ways for Paying Medical Expenses
11/17/2020
Health Savings Accounts and Health Reimbursement Accounts Are a Tax-Efficient Way for Paying Medical Expenses Edward A. Zurndorfer– A health savings account (HSA) combines a high deductible health plan (HDHP) with a tax-favored savings account. The funds contributed to an ... Read More
FedLife Podcast: Choosing the FEHB Plan that is Best for You and Your Family
11/13/2020
In this episode, Dan Sipe and Ed Zurndorfer, discuss the six major health plans to help you make the best decision for yourself during this open season. FedLife Podcast (Ep. 37 – FEHB Open Season 2020 (Choosing the Plan That ... Read More
Biden Wins Election, What This Means for the 2021 Federal Pay Raise
11/12/2020
The reluctance of Trump to concede, and the projection of a Biden win, leaves 2021 Federal Pay Raise up in the air. Although the President has shown no signs of conceding the election anytime in the next few days, and ... Read More
Federal Employee Dental and Vision Insurance Plan Choices
11/11/2020
Ed Zurndorfer explains the Dental and Vision Insurance Plan Choices to Federal Employees The Federal Employee Dental and Vision Benefits Enhancement Act of 2004 provided OPM the opportunity to establish arrangements under which supplemental dental and vision benefits are made ... Read More
