A quick look at the rules and restrictions surround hazard pay for the federal workforce. This article is for feds who are paid by the General Schedule (GS), not those who are paid under the wage system, although they do ... Read More

Our 53rd weekly quiz is about recent TSP performance, FERS history, and Taxes COMPLIMENTARY FERS WEBINAR [ays_quiz id=”53″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that ... Read More

In this episode, Ed Zurndorfer joins Dan Sipe to explain how the IRS taxes federal government pensions for CSRS and FERS employees.  UPCOMING TAXES WEBINAR FedLife Podcast (Ep. 94): How the IRS Taxes FERS and CSRS Annuities When employees retire, ... Read More

The Federal Employee Retirement System – here’s a list of fast facts that you should keep in mind. Welcome to part one of a new series of “listicles.” We’ll be going over 5 key points to remember for several areas ... Read More

After an 8.7% COLA for 2023, read the latest on inflation and interest rates – indicating a much lower adjustment next year. Over 70 million Americans receive either Social Security benefits or Supplemental Security Income (SSI) payments from the Social ... Read More

How the IRS Taxes the Surviving Spouse Benefits of Deceased Federal Employees and Annuitants Ed Zurndorfer – Unfortunately, over the years there have been married federal employees who died while in federal service or after they have retired from federal ... Read More

The White House’s proposed budget for 2024 was released last week, recommending a 5.2% pay raise for federal employees. On Thursday, March 9th, the Biden administration released its recommended budget for the fiscal year 2024, which included a suggested pay ... Read More

Our weekly quiz focuses on the current COLA outlook, designating beneficiaries for your federal benefits, and the anticipated Special Salary Rate on the horizon for IT workers. Try These Quizzes Next! Quiz #46 Quiz #45 Quiz #44 [ays_quiz id=”47″] FedLife ... Read More

Tax season is now in full swing. This article breaks down the federal taxation of federal government pensions – both FERS and CSRS. Edward A. Zurndorfer Both a CSRS/CSRS Offset and FERS employees make nondeductible contributions to their respective retirement ... Read More

The administration is expected to publish its recommended budget around mid-March. Contained in the publication, we can anticipate to find what the President wishes the following year’s annual pay raise for Feds should be. While Democrats in Congress have already ... Read More