STWS Advisor Jennifer Meyer provides an update for feds on the payroll tax deferral and the second stimulus check Jennifer Meyer, CFP© Many Federal employees have had a 6.2% increase in their paychecks since the end of Summer. This was ... Read More

Now is the Time for Employees to Choose 2021 TSP Contribution Amounts So As to Not Lose Agency TSP Matching Edward A. Zurndorfer Internal Revenue Code (IRC) Section 402 imposes a limit – the “elective deferral” limit – on the ... Read More

FSA funds for adult and child daycare- Ed explains the rules Edward A. Zurndorfer As the cost of living rises from year to year, child and adult day care expenses also continue to grow. According to the U.S. Department of ... Read More

Health Care Flexible Spending Accounts Help Pay Out-of-Pocket Medical, Dental and Vision Expenses in a Tax-Preferential Way Edward A. Zurndorfer– An important decision that employees have to make during the 2020 federal benefits “open season” is whether they want to ... Read More

Health Savings Accounts and Health Reimbursement Accounts Are a Tax-Efficient Way for Paying Medical Expenses Edward A. Zurndorfer– A health savings account (HSA) combines a high deductible health plan (HDHP) with a tax-favored savings account. The funds contributed to an ... Read More

In this episode, Dan Sipe and Ed Zurndorfer discuss the effect of the 2021 Cost of Living Adjustment (COLA) for federal employees and the upcoming federal health benefits open season FedLife Podcast (ep. 36): 2021 COLA for Social Security, plus ... Read More

Like employees who work in private industry, federal employees face a challenge each year in selecting a health insurance plan that best meets their and, if applicable, their family’s medical needs. Fortunately for federal employees and annuitants, there are a ... Read More

Edward A. Zurndorfer – The Social Security Administration (SSA) recently announced key numbers that will affect both federal employees and retirees in 2021. The most significant changes will be a substantial increase in the Social Security taxable wage base for ... Read More

Edward A. Zurndorfer – Each year during the Office of Personnel Management (OPM)’s sponsored benefits “open season”, employees and annuitants make decisions regarding which health, dental and vision insurance plans they want to be covered by during the upcoming plan ... Read More

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