Leave Transfer Programs for Feds Dealing with an Emergency
02/16/2023
The final piece in our series on leave for federal employees. We go over Emergency and Voluntary Transfer Programs, then conclude with a recap on all types of leave. When a member (or family member) of the federal workforce is ... Read More
No More Required Minimum Distributions for Roth TSP Participants
02/15/2023
SECURE Act 2.0 Eliminates RMDs on Roth Retirement Plans: What Does It Mean to Roth TSP Participants? Edward A. Zurndorfer- If an individual owns a traditional IRA and has reached his or her required beginning date (RBD), he or she ... Read More
Weekly Quiz for Federal Employees: OPM, FEHB, and 529 Accounts
02/10/2023
Quiz #43 features questions about recent news for federal employees, including OPM news regarding a cyber workforce dashboard plus oversight of FEHB participation. Also, more from the SECURE Act 2.0 that can impact a fed’s financial plan. Try These Quizzes: ... Read More
Medicare Part B Premiums Decreased in 2023: Is There a Catch?
02/09/2023
Is There Any Downside Resulting from the Decrease of Medicare Part B Premiums During 2023? Edward A. Zurndorfer For the year 2023, Social Security recipients received an historic 8.7 percent cost-of-living adjustment (COLA), the highest in 40 years. Meanwhile, Medicare ... Read More
OPM Oversight of Ineligible Participants in FEHB Not Cutting It
02/06/2023
According to the GAO, ineligible family members covered by the Federal Employee Health Benefits (FEHB) Program could be costing the government $1 billion every year. Two Republican Senators, Rick Scott of FL and Ron Johnson of WI, asked the Government ... Read More
How SECURE Act 2.0 Can Enhance Your Retirement Savings
01/18/2023
SECURE Act 2.0 Passage Allows for Enhanced Retirement Savings: Increase in RMD Age from 72 to 73 Effective 1/1/2023 and Then to Age 75 Effective 1/1/2033. Edward A. Zurndorfer SECURE Act 2.0 measure, past into law on December 30,2022 as ... Read More
10 MORE Easy Ways to Ruin a Federal Retirement (+1 Bonus Way)
Family and Medical Leave for Feds: Both Paid and Unpaid
01/12/2023
How and when can a federal employee use FMLA leave – both paid and unpaid. This is the third piece in a series on the types of leave for federal employees. The first two articles covered both sick leave and ... Read More
Happy New Year! A Quick 2023 Guide for Federal Employees
01/01/2023
Federal employees, start the year out right! 2023 COLA, Federal Pay Raise, TSP Contribution information, and more! Happy 2023! Here’s a quick look at important information for Federal Employees- 2023 COLA For Social Security recipients and CSRS annuitants: 8.7% For ... Read More
A Look at Fee-For-Service Healthcare Plans Available in FEHB
11/08/2022
Fee-for-Service Plans information: what Feds should know when looking into this type of health insurance. An FFS plan (Fee-for-Service) is a type of health insurance where the insured parties can receive medical care from any provider of their choice. In ... Read More