For both the previous month and the previous 12-month period, the C, S, F, and I funds all had positive performance while the F Fund’s value dropped. Jennifer Meyer, CFP© TSP Webinar After a strong October for the three TSP ... Read More

Which Results in More Tax Savings: Dependent Care Flexible Spending Account (DCFSA) or the Child and Dependent Care Tax Credit? Edward A. Zurndorfer Many federal employees have young children and/or dependent adults for whom an employee must pay child and ... Read More

Edward Zurndorfer explains how much the IRS taxes Social Security retirement benefits and which states also tax Social Security retirement benefits Edward A. Zurndorfer– Most federal employees and uniformed services members know that Social Security or FICA (Federal Insurance Contribution ... Read More

Take a look at next year’s probable pay increase of 2.2% for federal employees and military personnel, including a detailed glance at locality pay. Although not officially announced, all indicators have been pointing towards 2.7% federal pay raise for 2022. ... Read More

Reviewing a Former Spouse’s Eligibility for Federal Employees Health Benefits Program Under “Spouse Equity” Edward A. Zurndorfer– The Civil Service Retirement Spouse Equity Act of 1984 (“Spouse Equity Act”) was enacted on Nov. 8, 1984. Under this act as amended, ... Read More

It’s that time of the year again… it’s your federal benefits open season. This is the time you can finally enroll, make changes or cancel your FEHB, FEDVIP or FSAFEDS coverage. FEDLIFE PODCAST Ep.62: Everything You Need to Know This ... Read More

Reimbursement of Medicare B premiums is included in some Federal Employee Health Benefit (FEHB) plans. If you’re retired from the federal government, this can help lower your healthcare costs. At the age of 65, those who are retired from the ... Read More

Considering a High Deductible Health Plan this FEHB Open Season? Learn how an HSA can help with costs Edward A. Zurndorfer A Health Savings Account (HSA) is a tax-advantaged savings account created for individuals who have health insurance associated with ... Read More

An overview of the cost and rules surrounding the family optional life insurance, known as “Option C,”  offered by the Federal Employee Group Life Insurance (FEGLI) Program Most feds are familiar with FEGLI Basic as all eligible federal workers are ... Read More

What Federal Employees Who Plan to Retire During 2022 Need to Consider about the Current FEHB and FEDVIP Benefits’ “Open Season” Edward A. Zurndorfer While they are in federal service, federal employees are privileged to have one of the most ... Read More