In this episode, Ed and Dan discuss when it makes sense to amend a federal income tax return and the key rules surrounding IRS Form 1040-X. Millions of taxpayers discover errors or omissions after filing their returns each year, but ... Read More

The Free Application for Federal Student Aid (FAFSA) now uses the Student Aid Index (SAI), replacing the long-standing Expected Family Contribution (EFC). The goal remains the same – measure a family’s ability to pay for college – but the calculation has changed ... Read More

Katelyn and Dan discuss how federal employees can create more tax flexibility in retirement and prepare for one of the largest potential retirement expenses: long-term care. Check Out Our Next FERS Webinar for Federal Employees – REGISTER HERE The Fed15 ... Read More

Federal employees rarely react to early budget signals. This year feels different. The White House budget blueprint did not include a civilian raise. House appropriators also left out a federal civilian pay increase from the 2027 spending bill. A Democratic amendment proposing a ... Read More

Many individuals own IRAs. IRA means one of three things, namely: (1) Individual Retirement Arrangement; (2) Individual Retirement Account; or (3) Individual Retirement Annuity. When most individuals hear IRA, they think of an Individual Retirement Account which is a personal ... Read More

  If you’re in your early 60s, there have been recent changes to catch-up contribution provisions that may allow for increased savings opportunities. The SECURE 2.0 catch-up contributions age 60-63 provision may allow eligible Feds to potentially contribute more than the standard ... Read More

Dan and Katelyn discuss how federal employees can accelerate retirement savings later in their careers and what parents should know about FAFSA and CSS financial aid planning. Check Out Our Next FERS Webinar for Federal Employees – REGISTER HERE The ... Read More

A recent FEDZONE column (Getting Ready for the Start of Trump Accounts in July 2026) discussed Trump Accounts which are expected to start on July 4,2026. Trump Accounts were created under provisions of the One Big Beautiful Bill Act of ... Read More

In this episode, Ed and Dan discuss why many federal employees and retirees may need to make quarterly estimated tax payments and how failing to do so can result in costly IRS underpayment penalties. With more retirees receiving income from ... Read More

Katelyn and Dan discuss how federal employees can better coordinate multiple pension income streams in retirement and why FEGLI costs deserve a closer look after age 55. Check Out Our Next FERS Webinar for Federal Employees – REGISTER HERE The ... Read More