This week’s quiz focuses on USPS health benefits, a woman who stole from FEGLI, and the recent Silicon Valley Bank collapse. FEHB & MEDICARE WEBINAR [ays_quiz id=”50″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from ... Read More
FedLife Podcast: Protect Your Legacy with Estate Planning
03/30/2023
In this episode, Ed Zurndorfer details the critical components of estate planning while emphasizing the importance of having comprehensive estate plans. ESTATE PLANNING WEBINAR FedLife Podcast (Ep. 93): Protect Your Legacy with Estate Planning The pandemic proved that everyone should ... Read More
2024 COLA for FERS, CSRS, and Social Security Could Be Significantly Lower
03/29/2023
After an 8.7% COLA for 2023, read the latest on inflation and interest rates – indicating a much lower adjustment next year. Over 70 million Americans receive either Social Security benefits or Supplemental Security Income (SSI) payments from the Social ... Read More
White House Task Force Announces 20% Increase in Union Membership
03/28/2023
OPM has sent several messages to agency leaders regarding steps that can be taken to comply with the recommendations. Are you a federal employee? Don’t miss our no-cost webinar series on your benefits and retirement planning. REGISTER HERE At the ... Read More
TSP Transfers, Rollovers, & Withdrawals
03/27/2023
A single withdraw from a fed who has separated from federal service An unpaid TSP loan – also only for a separated individual Installment payments (that are scheduled for 10 years or less) Age-based in-service withdrawals Death benefits paid to ... Read More
Serving Those Who Serve’s Weekly Quiz for Federal Employees
03/24/2023
This week’s quiz is on the TSP, taxing Survivor benefits, and next year’s pay raise for federal workers. Take Our Other Quizzes: Quiz #48 Quiz #47 Quiz #46 [ays_quiz id=”49″] You Might Also Enjoy This Podcast: FEDLIFE Podcast: Ins and ... Read More
Caught on TikTok: A FEGLI Thief and a DHS Imposter
03/23/2023
An Iowa woman and a Minnesota man both committed crimes directly related to the federal government – and TikTok played a role in both. At the end of February, the Federal Government banned the app TikTok from government-owned devices, mandating ... Read More
Paying Federal Income Tax on Social Security Benefits
03/23/2023
With No Inflation Adjustments in 40 years, More Social Security Beneficiaries Are Paying Federal Income Tax on Their Benefits Edward A. Zurndorfer Before 1983, Social Security benefits (retirement, survivor and disability) were not taxed by the federal or any state ... Read More
Health Insurance Changes Coming for US Postal Employees
03/22/2023
Postal workers will keep their existing FEHB plan until the end of 2024, which is when they will need to select a new PSHB plan during open season. However, each FEHB policy that currently covers at least 1,500 USPS employees ... Read More
What Happened? The Silicon Valley Bank and Signature Bank Collapses
03/22/2023
Understanding the Recent Silicon Valley Bank and Signature Bank Collapses: What You Need to Know By: Katelyn Murray, CFP®, ChFEBC®, FBS®, CFT-1™, ECA – The recent collapse of Silicon Valley Bank and Signature Bank has sent shockwaves through the financial ... Read More