Learn the advantages of making 2023 IRA contributions before the April deadline. Although the December 31,2023 year-end deadline has passed for almost all IRS tax breaks, there is still one tax break that may be available to some federal employees ... Read More

The Social Security Administration Faces a Customer Service Crisis as Record Number of Americans Reach Age 65 During 2024 The Social Security Administration (SSA) performs a vital role in the lives of millions of Americans, including federal employees and retirees. ... Read More

Ed dives deep into why waiting until 62 to retire might be the best option for FERS retirement Federal employees who are covered by the Federal Employees Retirement System (FERS) and who retire before age 62 under the immediate FERS ... Read More

Congrats to Dan’s son, who was recently married! This week – the importance of the Roth TSP and the new requirement taking effect in 2026. Then, Dan goes over the cost of retiring at age 60 compared to retiring at ... Read More

A basic overview of FEGLI and how it works- Understanding what happens to FEGLI after retiring from federal service One thing to avoid – don’t drop coverage when you can keep some coverage at no additional cost. The Federal Employee ... Read More

The 2024 Federal Pay Raise is historic – find out why! Also learn why feds might not see their pay raise until the end of January. Are You a FERS Employee? Don’t miss the next webinar going over your benefits ... Read More

Employees Who Contributed Both to the TSP and to Another Tax-Deferred Retirement Plan During 2023 Need to Beware of Excess Elective Deferrals This column discusses the Internal Revenue Code (IRC) annual limit on elective deferrals. Elective deferrals include both before-taxed ... Read More

Understanding deferred and postponed FERS retirement and retiring early. What is the cost of 2 extra years of working? (60 vs. 62) Learn more about age reduction penalties and federal retirement. Federal employees trying to pave their path to retirement ... Read More

A round-up of news from around the federal government: COLA for FECA recipients. And NASA project with private space company burned up in the atmosphere. Also – federal judge says postal worker can carry firearm in federal building. Away from ... Read More

How Non-appropriated Fund (NAF) Service Affects Civil Service Retirement A Nonappropriated Fund (NAF) employee is an individual who is employed in and receives compensation from a Nonappropriated Fund Instrumentality (NAFI). NAF employees are federal employees, but they are not covered by ... Read More