Trump accounts are a new type of custodial-style traditional IRA for minor children. The accounts are owned by a child but administered by an adult. They are set to launch on July 4,2026 under provisions of the One Big Beautiful ... Read More

Your salary and benefits are likely excellent as a mid-career fed. However, the chances are pretty good that you don’t have buckets of cash available to pay for your child’s college career. This is where financial aid can help. To ... Read More

The United States Postal Service (USPS) announced a temporary suspension of its employer contributions to the defined benefit portion of the Federal Employees Retirement System (FERS), effective April 10, 2026, due to its ongoing financial crisis and the risk of running out ... Read More

If you’re behind on retirement savings, the goal isn’t perfection. It’s increasing how much you save, starting now. For many Feds, catch-up saving after 50 comes down to three levers: contributions, taxes, and spending. When you increase savings, manage taxes intentionally, ... Read More

Over the past 20 years, many Americans including federal employees have been staying on the job longer. Workers aged 75 and over are expected to have the largest growth in labor force participation of any age bracket over the next ... Read More

Many federal employees treat the Federal Employees’ Group Life Insurance (FEGLI) program as a “set it and forget it” benefit. Early in your career, that approach works because premiums stay relatively low. After age 55, however, the cost curve changes quickly. This ... Read More

Two pension checks arriving each month create a dependable income in retirement. That stability helps, but it also means taxes, survivor elections, and health coverage decisions carry more weight. Many couples rely on those pension payments to cover a large ... Read More

Individuals who found errors on their 2025 federal income tax returns (or prior year returns, see below) that they recently filed earlier this year can file an amended federal income tax return.  Each year millions of individuals file amended tax ... Read More

Federal benefits carry real value. A Federal Employees Retirement System (FERS) pension, Thrift Savings Plan (TSP), and Social Security together form a strong retirement foundation, but taxes determine how much of that value you ultimately keep. Many Feds focus on ... Read More

Ask most federal employees when they plan to retire, and they’ll give you a year. Ask them which ages matter before that year, however, and the conversation suddenly stalls out. That gap is where many retirement plans fall short. Understanding ... Read More