In this episode, Ed and Dan discuss why many federal employees and retirees may need to make quarterly estimated tax payments and how failing to do so can result in costly IRS underpayment penalties. With more retirees receiving income from pensions, Social Security, investments, rental properties, Roth conversions, and other sources that may not have sufficient tax withholding, understanding estimated tax requirements has become increasingly important. This episode reviews how estimated taxes work, IRS safe harbor rules, and strategies to avoid unexpected penalties.
Join us as Dan and Ed break down estimated tax payment requirements and share practical guidance for federal employees and retirees looking to avoid IRS underpayment penalties.
In this episode, you’ll learn:
Source Article: https://stwserve.com/some-employees-and-retirees-need-to-pay-federal-estimated-taxes-during-2026-to-avoid-irs-penalties/
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The FedLife Podcast is your in-depth, biweekly deep dive into the world of federal benefits and retirement planning. Hosted by federal benefits expert Ed Zurndorfer and Dan Sipe of Serving Those Who Serve, each 30-minute episode unpacks the complexities of FERS and CSRS retirement, FEHB and Medicare, survivor benefits, tax planning, and more. Designed for federal employees and retirees who want more than just the basics, FedLife goes beyond the headlines to explore the rules, nuances, and strategies that can make a meaningful difference in your retirement. Remember: it’s your Fed life, make it a great one.
The Fed15 Podcast is your weekly 15(ish)-minute briefing on federal benefits and financial planning, built specifically for federal employees and retirees. Hosted by Dan Sipe and Katelyn Murray of Serving Those Who Serve, each episode delivers clear, actionable guidance on topics like FERS and CSRS retirement, TSP strategies, FEHB, survivor benefits, tax planning, and more! Whether you’re five years from retirement or already there, The Fed15 helps you cut through the noise, avoid costly mistakes, and make confident decisions about your federal benefits.
