Serving Those Who Serve Logo

Archives

TSP Transfers, Rollovers, & Withdrawals

03/27/2023
A single withdraw from a fed who has separated from federal service An unpaid TSP loan – also only for a separated individual Installment payments (that are scheduled for 10 years or less) Age-based in-service withdrawals Death benefits paid to ... Read More

Serving Those Who Serve’s Weekly Quiz for Federal Employees

03/24/2023
This week’s quiz is on the TSP, taxing Survivor benefits, and next year’s pay raise for federal workers. Take Our Other Quizzes:  Quiz #48 Quiz #47 Quiz #46 [ays_quiz id=”49″] You Might Also Enjoy This Podcast: FEDLIFE Podcast: Ins and ... Read More

Paying Federal Income Tax on Social Security Benefits

03/23/2023
With No Inflation Adjustments in 40 years, More Social Security Beneficiaries Are Paying Federal Income Tax on Their Benefits Edward A. Zurndorfer Before 1983, Social Security benefits (retirement, survivor and disability) were not taxed by the federal or any state ... Read More

Caught on TikTok: A FEGLI Thief and a DHS Imposter

03/23/2023
An Iowa woman and a Minnesota man both committed crimes directly related to the federal government – and TikTok played a role in both. At the end of February, the Federal Government banned the app TikTok from government-owned devices, mandating ... Read More

What Happened? The Silicon Valley Bank and Signature Bank Collapses

03/22/2023
Understanding the Recent Silicon Valley Bank and Signature Bank Collapses: What You Need to Know By: Katelyn Murray, CFP®, ChFEBC®, FBS®, CFT-1™, ECA – The recent collapse of Silicon Valley Bank and Signature Bank has sent shockwaves through the financial ... Read More

Health Insurance Changes Coming for US Postal Employees

03/22/2023
Postal workers will keep their existing FEHB plan until the end of 2024, which is when they will need to select a new PSHB plan during open season. However, each FEHB policy that currently covers at least 1,500 USPS employees ... Read More

Don’t Overlook Medicare, Survivor Benefits, and Health Savings Accounts

03/20/2023
STWS Advisor Jennifer Meyer dives deep into items 5 through 7 from her “10 MORE Easy Ways to Ruin a Federal Retirement” Series. Jennifer Meyer, CFP© Hello readers. Here is my next offering in my “10 MORE Easy Ways to Ruin ... Read More

Federal Benefits Quiz: TSP, Taxes, and More

03/17/2023
The 48th weekly quiz focuses on recent TSP performance, taxation of FERS and CSRS, and budgetary talks in Congress. Take Our Other Quizzes: Quiz #47 Quiz #46 Quiz #45 [ays_quiz id=”48″] You Might Also Enjoy This Podcast: FedLife Podcast: Top ... Read More

How Survivor Benefits of Deceased Federal Employees and Annuitants Are Taxed

03/16/2023
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

Social Security Benefits May Be Payable to Eligible Family Members

03/15/2023
Edward Zurndorfer discusses how a spouse and young children become eligible for a Social Security benefit based on the individual’s Social Security earnings record– A previous FEDZONE column discussed how an individual becomes eligible for a Social Security monthly retirement ... Read More