In this episode, Dan Sipe and Ed Zurndorfer are back with multiple strategies to help feds optimize their tax situation, and achieve the maximum benefits on their Social Security. FEDLIFE PODCAST: Episode 42: Maximize Social Security Like and Subscribe on ... Read More
Required Minimum Distributions Have Returned for 2021
01/28/2021
This column explains how RMDs will be calculated during 2021 for those individuals who are required to take them. Before presenting the general RMD calculation procedure, it is useful to review what an RMD actually is. Edward A. Zurndorfer The ... Read More
Biden Throws Out Executive Orders from Previous Administration
01/27/2021
Applauded by Union leaders, Biden canceled five executive orders from Trump presidency- 1 involving “Schedule F,” 3 regarding collective bargaining rights, and another that halted diversity training in agencies. After his inauguration, some of Biden’s first actions in office involved ... Read More
More Fishy Technology Developed at Department of Energy’s WPTO
01/22/2021
The smallest ever tracking device for fish, as well as new protections in hydroelectric dams, are two innovations featured in the DOE WPTO’s 2020 Accomplishments Report The Department of Energy’s Water Power Technology Office (WPTO) has been tasked with making ... Read More
Do You Need to Beware of the Social Security “Earnings Test”?
01/21/2021
For Employees Born Between 1955 and 1959 and Receiving Social Security Retirement Benefits During 2021, Beware of the “Earnings Test” Edward A. Zurndorfer Social Security benefits are designed to replace a portion of the earnings an individual (and in some ... Read More
USDA Releases Summary of Agricultural Innovation Agenda
01/20/2021
Roadmap for future agricultural research decisions, up to 2050, laid out by USDA The US Department of Agriculture (USDA) recently released a summary and dashboard to pave the way for innovation in agricultural research for the next 10 to 30 ... Read More
Recently Passed Legislation Results in Tax Changes for 2020 and 2021
01/19/2021
Ed Zurndorfer discusses these changes, as well as presenting automatic inflation adjustments to individual income tax brackets and other employee benefits thresholds and limits taking effect in 2021. During 2020, Congress passed two important pieces of tax-oriented legislation in response ... Read More
FEDLIFE Podcast: Ep. 41: Optimizing Your Financial Situation
01/15/2021
In this episode, Dan Sipe and Ed Zurndorfer have come up with a list of ten essential year-end planning tips. They improvise on some of the strategies from last year to adapt to the changes during 2020, and also provide ... Read More
FDA Issues Statement on COVID-19 Variant that Emerged in the UK.
01/13/2021
B117, a COVID-19 variant, is not being detected by all tests, FDA reports, but the impact is “not significant.” Severe Acute Respiratory Syndrome Coronavirus-2 or SARS-COV-2 was renamed to COVID-19 at the onset of the outbreak. This was done because ... Read More
2021 Federal Pay Raise Finalized by Executive Order
01/12/2021
Last-minute executive order finalized the 2021 Federal Pay Raise at 1% for civilians and 3% for military The 2021 Federal Pay Raise was finalized by an executive order, which was signed by President Trump in the final hours of 2020. ... Read More