SSA and IRS Announce Benefit and Contribution Limits for 2023
11/02/2022
Social Security Administration and the Internal Revenue Service Announce Benefit and Contribution Limits for 2023 Edward A. Zurndorfer This column summarizes the 2023 Social Security changes recently enacted by the Social Security Administration (SSA) and the 2023 inflation-adjusted IRA and ... Read More
Quiz 28: For Federal Employees and Retirees
10/21/2022
This week’s quiz covers FEHB, the CFC, and Excess Contributions FEHB & MEDICARE WEBINAR [ays_quiz id=”28″] Quiz for Federal Employees and Retirees
2023 COLA Officially Announced at 8.7% for Social Security Benefits
10/20/2022
The 8.7% Cost-of-Living Adjustment (COLA) will also apply to CSRS and CSRS-offset retirees while FERS retirees will see a COLA of 7.7%. As predicted a few weeks ago, the 2023 COLA has officially been revealed at 8.7% for Social Security ... Read More
Reversing a Social Security Benefits Claiming Decision
10/19/2022
Here are the options for reversing a social security benefits claiming decision and their consequences Edward A. Zurndorfer– Throughout much of the 2.5 years of the COVID-19 pandemic, many federal employees who were eligible to retire decided to retire. Some ... Read More
2023 FEHB and FEDVIP Premiums Will Increase – but a 3% Drop for Medicare B
10/11/2022
A hefty rise in FEHB (Federal Employee Health Benefits) premiums was announced earlier this month, but Medicare B premiums will see a slight decrease. While next year’s total premium increase for FEHB plans will be an average of 7.2%, the ... Read More
Now is a Good Time to Consider a Roth IRA Conversion for Many Employees
10/06/2022
For Many (But Not All) Employees, Now is a Good Time to Consider a Roth IRA Conversion Edward A. Zurndorfer– If there is any unseen benefit coming out of this year’s down stock market, it is the fact that now ... Read More
USPS News: Latest on the Upcoming Postal Service Health Plans
09/28/2022
Recent word from White House sheds some light on upcoming health insurance options only accessible by USPS workers. Of the roughly 2.1 million federal workers currently employed by the US Government, about 653,000 of those are USPS employees, meaning USPS ... Read More
2023 COLA Update: 8.7% is Best Bet. Plus, WEP and GPO Finally Done For?
09/27/2022
Social Security news: 2023 COLA looking like 8.7% + legislation to eliminate the WEP and GPO makes it out of House committee. In the middle of Summer, as inflation was rising, the CPI-W index was indicating the 2023 Cost-of-Living Adjustment ... Read More
Understanding the Advantages and Disadvantages of Pension Maximization
09/22/2022
The fourth article from Ed about Life Insurance Options for feds – make sure you get all the details about “pension-max” Edward A. Zurndorfer This is the fourth of four FEDZONE columns during the month of September in conjunction with ... Read More
FEDS: Fundamental Equity Development Strategies®
09/08/2022
What makes a good strategy for developing a federal employee’s retirement plan? At Serving Those Who Serve we are dedicated to you, the civilian federal employee. As a result, we have curated a suite of ... Read More