5. December 2020 TSP Update Click Here to Read 4. TSP & the Election Click Here to Read 3. The Proposed Pay Freeze for 2021 Click Here to Read 2. Federal Pay Raise on Track for 2021 Click Here to ... Read More

5. The CARES Act & How it Affects Feds Click Here to Read 4. 2021 FEHB Plan Choices Click Here to Read 3. Avoid an Under-Withholding Penalty Click Here to Read 2. Recharacterizing 2019 IRA Contributions Click Here to Read ... Read More

We celebrate the end of the year with our Top 5 “Most-Listened-To” Podcasts in 2020 5. Episode 23: Tax & TSP Talk Click Here to Listen 4. Episode 17: The Furlough Cheesecake Click Here to Listen 3. Episode 12: The ... Read More

STWS Advisor Jennifer Meyer provides an update for feds on the payroll tax deferral and the second stimulus check Jennifer Meyer, CFP© Many Federal employees have had a 6.2% increase in their paychecks since the end of Summer. This was ... Read More

Now is the Time for Employees to Choose 2021 TSP Contribution Amounts So As to Not Lose Agency TSP Matching Edward A. Zurndorfer Internal Revenue Code (IRC) Section 402 imposes a limit – the “elective deferral” limit – on the ... Read More

In the above, the IRAs being discussed are Traditional, not Roth IRAs. While it is just as legal to rollover money from a Roth IRA to an HSA, it makes little sense because Roth funds are already tax and penalty-free ... Read More

December May Be a Good Time to Perform a Roth IRA Conversion Under Certain Conditions Edward A. Zurndorfer Federal employees have until April 15, 2021 to make their 2020 Roth IRA contributions. However, those employees whose adjusted gross income (AGI) ... Read More

NAPA and NTEU Released a joint statement to persuade the incoming Biden presidency to bolster relationship between Civil Servants and the Executive Branch. 538 electoral college votes were officially cast last week, confirming Joe Biden will be the 46th President ... Read More

FedLife Podcast (ep. 39): Managing Medical Expenses In this episode about Managing Your Medical Expenses, Dan Sipe and Ed Zurndorfer continue to assist feds in choosing the right healthcare plan for 2021. They decode and demystify health savings accounts (HSA), ... Read More

2021 TSP Catch-up Contributions and the Spillover Provision Jennifer Meyer CFP© If a federal employee has reached or will reach their 50th birthday in 2021 they are eligible to make “Catch-Up” contributions to their TSP account. The maximum catch-up contribution ... Read More