Social Security benefits are designed to replace a portion of the earnings an individual (and in some cases , the individual’s family) loses because of the individual’s retirement, disability, or death. The implication of this loss  is that the amount ... Read More

Social Security and Medicare “benefit cliffs” are making headlines again, and the timelines haven’t improved. The projected fund depletion dates are enough to rattle anyone trying to plan for retirement, but for federal employees, the reality may be a bit ... Read More

Dan and Katelyn discuss how to build a resilient retirement plan in uncertain times and how to determine how much savings is truly enough, covering income planning, spending needs, and strategies to align retirement resources with long-term goals. Check Out ... Read More

To help individuals save for their retirement, Congress passed the Setting Every Community Up for Retirement Enhancement Act of 2022 (SECURE Act 2.0). SECURE Act 2.0 was signed into law by former President Joseph Biden on December 29, 2022. There ... Read More

As a federal government employee or uniformed services member, you can borrow money from your Federal Employees Retirement System Thrift Savings Plan (TSP) retirement account. But just because you CAN borrow from your TSP doesn’t mean you SHOULD. Yes, doing ... Read More

In this episode, Dan and Ed review key year-end tax planning considerations for federal employees and retirees, with a focus on Roth IRA conversions in light of recent tax law changes. They discuss potential tax implications, Medicare premium impacts, and ... Read More

Dan and Katelyn explore why proactive tax planning is critical in retirement, starting with understanding the full retirement income stack, including a FERS or CSRS pension, planned TSP or IRA withdrawals, Social Security, and part-time income. They also discuss key ... Read More

Federal benefit rules don’t change all at once. They change in pieces – new contribution thresholds, revised timelines, updated elections – and those pieces add up. The new year brings enough moving parts that it’s a smart time for a ... Read More

In accordance with the Internal Revenue Code, the IRS limits the amount that employees can contribute via payroll deductions to their qualified retirement plans. Qualified retirement plans include 401(k), 403(b) and 457 retirement plans. These limits also apply to the ... Read More

December’s almost gone, but there’s still time to clean up your finances. Nail down your taxes, top off your savings, and wrap up anything that counts when the calendar flips. This federal retirement year-end checklist helps you close out your ... Read More