Understanding a “Backdoor” Roth IRA Including Advantages and Tax Implications A “backdoor” Roth IRA is a technique used by high-income individuals who are not eligible to contribute directly to a Roth IRA instead convert a traditional IRA to a Roth ... Read More

With respect to Federal Income Taxes, here are the age milestones for federal employees and retirees. Check Out Our Next Webinar on Tax Planning for Federal Employees – REGISTER HERE FedLife Podcast (ep. #117): Federal Employee Income Tax Milestones Are ... Read More

Can you keep FEHB when in LWOP status? Information for federal employees. This article is about keeping FEHB health plans when in leave without pay (LWOP) status or when an employee has insufficient pay to cover health premiums. It is ... Read More

6 traps you’ll want to dodge before submitting your retirement packet to OPM. Plus – an update on the OPM backlog as March 31. One of the top complaints we hear from recent federal retirees is related to the length ... Read More

Join Dan and Katelyn as they unravel the complexities of Thrift Savings Plan loans and provide insights into why it may not be your best option. Plus – 2025 COLA estimates. The Fed15 Podcast (Ep. 43): Decoding TSP Loans – ... Read More

Big news from the Federal Register – 30-day rule for TSP will expire next month! Read what this means for your federal retirement. When writing about the limitations of the Thrift Savings Plan (TSP) in comparison to 401(k) accounts or ... Read More

Employees and Retirees Are Reminded of the April 15,2024 Deadline for Filing 2023 Tax Returns and Making First Quarter 2024 Estimated Tax Payments Federal employees and retirees have a few days left before the April 15,2024 deadline for filing 2023 ... Read More

It is important for life insurance policyholders to consider the tax implication when they buy life insurance. Many federal employees and retirees own life insurance policies. The main purpose of owning life insurance is to pay out a lump sum ... Read More

News round-up for federal employees: special enrollment period for USPS retirees, a look at fertility benefits for federal employees, and OPM passes rule to protect Feds from “Schedule F” Some recent news related to federal employee retirement benefits. First, we’ll ... Read More

5 key items to keep in mind as you get close to your retirement from the US federal government. Also – which is your most important federal benefit? FEHB? TSP? FERS? The Fed15 Podcast (Ep. 42): Preparing for Your Federal ... Read More