In this episode, Dan Sipe and Ed Zurndorfer help feds navigate through this new stimulus payment’s eligibility criteria. They also discuss ways to adjust your annual gross income (AGI) for 2021 to improve your chances of qualifying for the full ... Read More

When is the best time to retire from the Federal Government’s workforce? On Dec. 31st, probably. It is relatively easier for a CSRS employee to pick their retirement date than a FERS one, but CSRS workers are now less than ... Read More

Two proposed bills in Congress could mean good news for feds: The Equal COLA Act and the Comprehensive Paid Leave for Federal Employees Act Gerry Connolly, the Representative from Virginia, introduced the Equal COLA Act again, having last proposed the ... Read More

For Employees Born Between 1955 and 1959 and Receiving Social Security Retirement Benefits During 2021, Beware of the “Earnings Test” Edward A. Zurndorfer Social Security benefits are designed to replace a portion of the earnings an individual (and in some ... Read More

While Gathering Documents to Prepare 2020 Income Tax Returns, Employees Are Reminded to Check Their Social Security Statements Edward A. Zurndorfer – Like individuals who work in private industry, nearly all federal employees will receive some form of Social Security ... Read More

We celebrate the end of the year with our Top 5 “Most-Listened-To” Podcasts in 2020 5. Episode 23: Tax & TSP Talk Click Here to Listen 4. Episode 17: The Furlough Cheesecake Click Here to Listen 3. Episode 12: The ... 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

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

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

STWS Advisor, Jen Meyer, explores why the 2021 COLA might be zero As the summer heat reaches its peak in August every year, speculation begins to heat up regarding what the annual Cost of Living Adjustment (COLA) federal annuitants will ... Read More