In December 2022, Congress passed the SECURE Act 2.0, which might modify retirement plans like 401(k)s, IRAs, and Thrift Savings Plan (TSP).  FedLife Podcast (ep. 90): What You Need to Know About SECURE Act 2.0 In this episode, Ed Zurndorfer ... Read More

An 8.7% raise for the US Federal Workforce? Speculation over next year’s pay raise has begun! Since 2016, the FAIR act has started the process for determining the pay increase for feds. The 2017 pay raise was ultimately decided by ... Read More

Get caught up on January’s news pertaining to the federal government and retirement benefits for its workforce. Try These Quizzes Next: Quiz 40 Quiz 39 Quiz 38 [ays_quiz id=”41″] January 2023 Quiz: News for Federal Employees

The Secretary of the Treasury has suspended investments in three federal employee benefit funds – including the TSP’s G-Fund. On Thursday, January 19th, the country’s debt ceiling was breached. In order to keep the government current on its debt obligations, ... Read More

Now Is a Good Time for Employees to Make Their 2022 IRA Contributions If They Have Not Already Done So Ed Zurndorfer – An individual retirement arrangement (IRA) provides a tax-beneficial way in which an individual can set aside additional ... Read More

So, get ready to hear Dan Sipe and Ed Zurndorfer unpack ten moves federal employees and retirees need to know as they prepare and secure their finances this year. FedLife Podcast (ep. 89): Top Ten Financial Tips for Federal Employees ... Read More

The following chart shows all the mileage rates that the General Services Administration (GSA) established at the start of January of this year, as well as the July 2022 adjustment and the rates that were set roughly a year ago. ... Read More

Weekly Quiz #40 covers new retirement account withdrawals, Family & Medical Leave, and the news on 2024 localities. Try These Quizzes Next: Quiz 39 Quiz 38 Quiz 37 [ays_quiz id=”40″] Federal Benefits Quiz

Software that was first installed 30 years ago crashes at the FAA, resulting in almost two hours of grounded flights across the country. On Thursday, January 12th, the FAA published a tweet at 7:20am that issued a halt to all ... Read More

SECURE Act 2.0 Passage Allows for Enhanced Retirement Savings: Increase in RMD Age from 72 to 73 Effective 1/1/2023 and Then to Age 75 Effective 1/1/2033. Edward A. Zurndorfer SECURE Act 2.0 measure, past into law on December 30,2022 as ... Read More