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

Another 10 mistakes that can be disastrous to your retirement from federal service. Jennifer Meyer, CFP© Hello readers. As promised here are the next ten errors that I identified when I began working on my article series “Ten Easy Ways ... Read More

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

From All of Us At STWS- Happy Holidays! Need a Gift? How about some cheesecake? A great holiday story from the 2018 holiday season. Here is a Fed-Life Podcast featuring the ladies from Furlough cheesecake: Historical Tidbit- On December 24th, ... Read More

Part 3 of a 3-part series on federal employees who occupy positions that are subject to “special provisions.” The third job on the list is Air Traffic Controllers (ATCs). An ATC, or Air Traffic Control Specialist, is considered to be ... Read More

OPM has announced 8.7% COLA for CSRS, meaning 7.7% COLA for FERS annuitants. Edward A. Zurndorfer The Office of Personnel Management (OPM) recently announced the 2023 cost-of-living adjustment (COLA) for CSRS and FERS annuitants. The COLA will be effective December ... Read More

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

Jen goes into more depth on the first 3 items on her list of top 10 ways to ruin a federal retirement. Jennifer Meyer, CFP© Hello readers. Welcome back to my series “Ten easy ways to ruin a Federal Retirement.” ... Read More

Where you live in retirement can impact your retirement income because different states tax the “three legs” of FERS, and CSRS, differently. For FERS retirees, they should have three sources of income to draw from upon retiring from the Federal ... Read More

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