The recent FEDZONE column entitled “Understanding Spousal IRA Beneficiary Rules” reviewed three IRS regulations concerning the naming of a surviving spouse as the beneficiary of the deceased spouse’s traditional IRA. One of the regulations discussed came out of Section 327 ... Read More

This column reviews three important required minimum distribution (RMD) rulings with regard to the naming of a surviving spouse as the beneficiary of the deceased spouse’s traditional IRA. These three rulings are:                 ... Read More

Jennifer Meyer, CFP© My last monthly update was written when the market started in August with a few very volatile days. It is something of a déjà vu as I write this monthly recap. September is starting off on the ... Read More

Much has been written in recent years in financial journals and media outlets about the year-of-death required minimum distribution (RMD). Nevertheless, the rules governing the year-of-death RMD continue to confuse retirement account owners and financial advisors. On July 18,2024, the ... Read More

The SECURE Act became law on January 1, 2020. One of the provisions passed as part of the SECURE Act was regulations on required minimum distributions (RMDs) for inherited IRAs and qualified retirement plans (including the Thrift Savings Plan). The ... Read More

This FEDZONE column is the third of three FEDZONE columns presenting the financial considerations of owning two residences in retirement. This column discusses financial management, considerations when choosing a financial advisor to assist with planning, and time considerations for “planning ... Read More

This FEDZONE column is the second of three FEDZONE columns presenting the financial considerations of owning two residences in retirement. The first column discussed choosing owning versus renting a second residence and determining legal domicile. This column discusses health care ... Read More

Jennifer Meyer, CFP© For the third time in 2024, all 5 of the core funds in TSP posted monthly gains in July. In addition, all five funds are positive on a year to date and last 12 months basis. However, ... Read More

For most federal retirees, retirement is a time of change. One of those changes is a change in residence. Some federal retirees prefer to live in one location during the winter and another location during the summer. The term “snowbirding” ... Read More

The IRS penalty for missing a required minimum distribution for many years was 50 percent of the amount that should have been withdrawn from a traditional IRA or a qualified retirement plan but was not. The IRS penalty, known as ... Read More