An overview of the cost and rules surrounding the family optional life insurance, known as “Option C,” offered by the Federal Employee Group Life Insurance (FEGLI) Program Most feds are familiar with FEGLI Basic as all eligible federal workers are ... Read More
Feds Who Plan to Retire in 2022: What to Consider During FEHB Open Season
11/10/2021
What Federal Employees Who Plan to Retire During 2022 Need to Consider about the Current FEHB and FEDVIP Benefits’ “Open Season” Edward A. Zurndorfer While they are in federal service, federal employees are privileged to have one of the most ... Read More
TSP Update: Modernization of the Savings Plan, + 2022 Contribution Limits
11/09/2021
The Thrift Savings Plan (TSP) is set to have some structural changes go into effect in 2022. Also, the contribution limits for 2022 increased by $1000 to $20,500. The governing body of the TSP, the Federal Retirement Thrift Investment Board ... Read More
FEDLIFE Podcast: Phased Retirement + How is FEGLI Taxed?
11/05/2021
In this episode, Dan Sipe and Ed Zurndorfer speak about everything federal employees need to know about phased retirement plans and taxation of employer-sponsored life insurance. As tax season is upon us, it is important to understand what is going ... Read More
Dental Health and Vision Insurance Benefits and Flexible Spending Accounts
11/03/2021
“Open Season” – What Employees Need to Know and Do with Respect to Their Dental, Health and Vision Insurance Benefits and Flexible Spending Accounts Edward A. Zurndorfer– “Open season” is the time of year when federal employees and annuitants (retirees) ... Read More
Senators Pen Letter About Diversity in TSP’s Upcoming Mutual Fund Window
11/02/2021
Letter to FRTIB addresses the inclusion of female and minority asset managers in the mutual fund window that is set to be available to TSP participants in 2022. Currently, the largest defined contribution plan in the world is the Thrift ... Read More