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You Should Check Your Social Security Statements When Doing Your Taxes

01/11/2021
While Gathering Documents to Prepare 2020 Income Tax Returns, Employees Are Reminded to Check Their Social Security Statements Edward A. Zurndorfer – Like individuals who work in private industry, nearly all federal employees will receive some form of Social Security ... Read More

Top 5 FEDLIFE: Most Popular Podcasts in 2020

12/29/2020
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

Biden Promises to Support Federal Employees and Their Benefits, if Elected

10/07/2020
In response to a NARFE questionnaire, Presidential Nominee Biden Promises to Support Feds and not cut their Benefits The Trump Administration declined an invitation from the National Active and Retired Federal Employee Association (NARFE) to fill out a questionnaire on ... Read More

Making Redeposits for Refunded Contributions Under CSRS and FERS

08/07/2020
Edward A. Zurndorfer – There are federal employees who, at some point of their federal service, decided to leave federal service. At the time they separated, they elected to withdraw their retirement contributions to either the Civil Service Retirement System ... Read More

Making Deposits for Temporary Service and Military Service under CSRS

08/01/2020
Edward A. Zurndorfer (FERS employees, click here) Those federal employees who are covered by the Civil Service Retirement System (CSRS) are most likely eligible to retire. These employees were hired before Jan. 1, 1984, and most likely have more than ... Read More

2021 COLA for FERS, CSRS, and Social Security: 0%?

07/29/2020
STWS Advisor, Jen Meyer, explores why the 2021 COLA might be zero As the summer heat reaches its peak in August every year, speculation begins to heat up regarding what the annual Cost of Living Adjustment (COLA) federal annuitants will ... Read More

FedLife Podcast: Deferred Retirement Under FERS & CSRS

06/20/2020
Deferred Retirement for FERS & CSRS Federal Employees, Dan & Ed Discuss FedLife Podcast (ep. 27): Deferred Retirement Under FERS and CSRS A former federal employee is eligible for a Federal Employees Retirement System (FERS) or Civil Service Retirement System ... Read More

Outlook for 2021 COLA Increase for Social Security CSRS and FERS- < 1%

06/11/2020
The Cost-of-Living Adjustments, 2021 COLA: <1% Most Likely When measuring the COVID-19 emergency’s impact on the nation’s economy, there are many variables that aren’t usually in play during normal years. The CPI-W (Consumer Price Index for Urban Wage Earners & ... Read More

Understanding Deferred Retirement Under CSRS and How It Works

05/26/2020
Edward A. Zurndorfer A former employee who was covered by the Civil Service Retirement System (CSRS) and who left federal service before being eligible to retire is eligible for a deferred retirement and receive a CSRS annuity if certain requirements ... Read More

Office of Personnel Management Expedites Hiring Amid Coronavirus Crisis

04/09/2020
      OPM responds to the global health emergency- expedites hiring process and allows rehired annuitants at the VA to receive full pension and salary for their time.   While the world has been turned upside down for most ... Read More