STWS Advisor Jennifer Meyer reviews 2021 so far. For Feds, a 2022 pay raise, equal COLA for FERS, and Comprehensive leave have all been proposed by Congress. Jennifer Meyer, CFP© As we move into the second full week of February ... Read More

STWS Advisor Jennifer Meyer reviews the Thrift Savings Plan after an eventful January, S Fund up 36.45% Jennifer Meyer, CFP© The new year is off to an interesting start, to say the least. The first week of January brought an ... Read More

This column explains how RMDs will be calculated during 2021 for those individuals who are required to take them. Before presenting the general RMD calculation procedure, it is useful to review what an RMD actually is. Edward A. Zurndorfer The ... Read More

Ed Zurndorfer discusses these changes, as well as presenting automatic inflation adjustments to individual income tax brackets and other employee benefits thresholds and limits taking effect in 2021. During 2020, Congress passed two important pieces of tax-oriented legislation in response ... Read More

STWS Adviser provides Feds with her monthly TSP update. S and C Funds top the TSP last year. Jennifer Meyer, CFP© The year 2020 will go down in the history books as a year defined by the COVID-19 pandemic. As ... Read More

5. December 2020 TSP Update Click Here to Read 4. TSP & the Election Click Here to Read 3. The Proposed Pay Freeze for 2021 Click Here to Read 2. Federal Pay Raise on Track for 2021 Click Here to ... Read More

We celebrate the end of the year with our Top 5 “Most-Listened-To” Podcasts in 2020 5. Episode 23: Tax & TSP Talk Click Here to Listen 4. Episode 17: The Furlough Cheesecake Click Here to Listen 3. Episode 12: The ... Read More

Now is the Time for Employees to Choose 2021 TSP Contribution Amounts So As to Not Lose Agency TSP Matching Edward A. Zurndorfer Internal Revenue Code (IRC) Section 402 imposes a limit – the “elective deferral” limit – on the ... Read More

In the above, the IRAs being discussed are Traditional, not Roth IRAs. While it is just as legal to rollover money from a Roth IRA to an HSA, it makes little sense because Roth funds are already tax and penalty-free ... Read More

December May Be a Good Time to Perform a Roth IRA Conversion Under Certain Conditions Edward A. Zurndorfer Federal employees have until April 15, 2021 to make their 2020 Roth IRA contributions. However, those employees whose adjusted gross income (AGI) ... Read More