IRS Increasing Estimated Tax Penalties: What Federal Employees and Retirees Need to Know
07/07/2024
Over the past year, the IRS has significantly increased penalties on underpayment of both estimated tax payments and federal income withholding from salary and retirement income. Individuals who are required to make quarterly estimated payments (due dates each year are ... Read More
The Case for Private Life Insurance for Feds — When FEGLI’s Not Your Best Option
07/05/2024
The U.S. government launched the Federal Employees’ Group Live Insurance Program (FEGLI) during the mid-1950s to provide group life insurance for federal employees and their families. FEGLI can be an affordable and effective tool to help protect your family in the face ... Read More
Guidance for Beneficiaries of Federal Annuitants – Part III
06/28/2024
This is the third of three FEDZONE columns presenting guidance for family members of deceased annuitants (federal employees who retired and receiving either a CSRS or FERS annuity at the time of their death) and the tasks that have to ... Read More
Guidance for Beneficiaries of Federal Annuitants – Part II
06/21/2024
This is the second of three FEDZONE columns presenting guidance for family members of deceased annuitants (federal employees who retired and were receiving either a CSRS or FERS annuity at the time of their death) and the tasks that have ... Read More
Guidance for Beneficiaries of Federal Annuitants – Part I
06/14/2024
One of the unfortunate life events that individuals experience at some point of their lives is the death of a loved one – a parent, sibling, child, or a spouse. For relatives of deceased federal annuitants, there will most likely ... Read More
The Fed15 Podcast: FERS Annuity Supplements and Life Insurance
06/12/2024
Katelyn and Jen delve into the intricate details of the FERS survivor annuity supplement and explore the complexities of life insurance The Fed15 Podcast (Ep. 51): FERS Annuity Supplements and Life Insurance Jen discusses the purpose of FERS survivor annuity ... Read More
Nearing 65 and considering Medicare options? Maybe it’s time to talk to MA.
06/11/2024
What feds need to know about Medicare Advantage plans. No, I don’t mean your dear mother; in this case, I mean Medicare Advantage. Or to be more specific, the Medicare Advantage plans that are currently available within the Federal Employees ... Read More
Understanding PSHB Program
06/11/2024
The Postal Service Reform Act of 2022 (PSRA) created a new group-sponsored health insurance plan, the Postal Service Health Benefits (PSHB) program. The PSHB is a new and separate program within the Federal Employees Health Benefits (FEHB) program, administered by ... Read More
Top Five Mistakes Feds Make When It Comes to Life Insurance
05/30/2024
RMDs for Beneficiaries of Inherited Traditional IRAs
05/30/2024
For the Fourth Consecutive Year, IRS Waives RMDs for Beneficiaries of Inherited Traditional IRAs For the fourth year in a row, the IRS has provided relief on required minimum distributions (RMDs) for non-eligible designated beneficiaries (NEDBs) of inherited traditional IRAs ... Read More