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

The temporarily increased maximum amount for TSP loans will expire on September 22nd The Thrift Savings Plan (TSP) for Federal Employees increased the maximum loan amount from $50,000 to $100,000 due to the CARES Act and coronavirus crisis. The online ... Read More

Edward A. Zurndorfer– The Thrift Savings Plan (TSP) is an extremely important part of a federal employee’s retirement, especially employees covered by the Federal Employees Retirement System (FERS). Employees are therefore encouraged to evaluate their TSP accounts throughout their federal ... Read More

Edward A. Zurndorfer – There are federal employees who, at some point of their federal service, decided to leave federal service. At the time they separated, they elected to withdraw their retirement contributions to either the Civil Service Retirement System ... Read More

Edward A. Zurndorfer – While calendar year 2020 is a little over 50 percent completed, the year 2020 has probably seen the most legislation affecting employer-sponsored retirement plans and IRAs in perhaps the last 15 years. The SECURE Act, passed ... Read More

Edward A. Zurndorfer– The IRS recently announce in Notice 2020-127 that any individual who previously took a required minimum distribution (RMD) at any time during 2020 from IRAs and qualified retirement accounts – this includes 401(k), 403(b) retirement plans and ... Read More

When is the Best Time to start taking Social Security? 62? FRA? 70? FedLifed Podcast (ep. 28): When To Start Receiving Social Security Retirement Benefits When is the best age to claim SSA retirement benefits? The earliest age to claim ... Read More

Deferred Retirement for FERS & CSRS Federal Employees, Dan & Ed Discuss FedLife Podcast (ep. 27): Deferred Retirement Under FERS and CSRS A former federal employee is eligible for a Federal Employees Retirement System (FERS) or Civil Service Retirement System ... Read More

STWS Advisor, Jennifer Meyer, updates Federal Employees of their Retirement Savings Plan, new Lifecycle Funds, May Returns, and TSP Board Member Announces Resignation New L Funds We are often asked “what else can I be doing to prepare for my ... Read More

Ed and Dan sit down to discuss the FERS “MRA+10” Postponed Retirement for FERS FedLife Podcast (ep. 26): MRA+10 Postponed Retirement for FERS Employees covered by the Federal Employees Retirement System (FERS) are eligible to retire with an immediate reduced ... Read More