The Federal Employee Group Life Insurance (FEGLI) program – here’s a list of fast facts that you should keep in mind. Welcome to part five of our series of “listicles.” We’ll be going over 5 key points to remember for ... Read More
Retirement Quiz for Federal Employees and Annuitants
05/26/2023
This week’s quiz for feds goes over FEHB plans, Long-Term Care insurance, and new RMD rules. FEHB & MEDICARE WEBINAR [ays_quiz id=”58″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we ... Read More
What Is An “MRA+10” Retirement Under FERS?
05/23/2023
Once a federal employee reaches their MRA with 10 years of service under their belt, they’re eligible to retire and start collecting their pension. What options are available to federal employee who has reached their minimum retirement age (MRA) and ... Read More
Five Important Facts to Remember About FEHB
05/17/2023
The Federal Employee Health Benefits (FEHB) program – here’s a list of fast facts that you should keep in mind. Welcome to part four of our series of “listicles.” We’ll be going over 5 key points to remember for several ... Read More
Important Age and Service Milestones for Federal Employees
05/05/2023
A list of milestones that feds can use as a guide to make sure they’re on track for retirement planning. Federal employees reach stages of their federal service in which they achieve age and service milestones. The following is a ... Read More
VERA and VSIP: When Agencies Incentivize Retiring Early
05/04/2023
The reasons that an agency may invoke their authority to offer early retirements, or incentive payments to feds who voluntarily leave their federal position, have to be related to a “substantial” restructuring of the agency or by downsizing the agency’s ... Read More
How New Jersey and Pennsylvania Tax the TSP
04/24/2023
TSP Participants Living in New Jersey and Pennsylvania Should Be Aware on How Their Traditional TSP Withdrawals Are State-Taxed Edward A. Zurndorfer – Most federal employees are familiar with the tax benefits associated with the traditional Thrift Savings Plan (TSP). ... Read More
Serving Those Who Serve’s Weekly Quiz on Federal Retirement
04/14/2023
Take our latest quiz. This week we’ve got questions on TSP taxes, Medicare part D, and lending money to family members. UPCOMING TAXES WEBINAR [ays_quiz id=”52″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources ... Read More
2023 Estimated Tax Payments: Information for Feds
04/10/2023
While Completing Preparation of 2022 Income Tax Returns, Some Employees and Retirees May Have to Make Estimated Tax Payments During 2023. Edward A. Zurndorfer – Many federal employees and annuitants receive income during the year that is not subject to ... Read More
Should FEHB Enrollees Reconsider Medicare Part D?
04/04/2023
New legislation has made Medicare part D enrollment more advantageous for some FEHB (Federal Employee Health Benefits) program participants – are you one of them? Last August, President Biden signed the Inflation Reduction Act into law. Part of the legislation ... Read More