Quiz #43 features questions about recent news for federal employees, including OPM news regarding a cyber workforce dashboard plus oversight of FEHB participation. Also, more from the SECURE Act 2.0 that can impact a fed’s financial plan. Try These Quizzes: ... Read More

The SECURE Act 2.0 made a lot changes that could impact your financial strategy, including being able to rollover unused 529 money into a Roth IRA. Edward A. Zurndorfer Over the last 30 to 40 years, 529 college savings plans ... Read More

Now Is a Good Time for Employees to Make Their 2022 IRA Contributions If They Have Not Already Done So Ed Zurndorfer – An individual retirement arrangement (IRA) provides a tax-beneficial way in which an individual can set aside additional ... Read More

So, get ready to hear Dan Sipe and Ed Zurndorfer unpack ten moves federal employees and retirees need to know as they prepare and secure their finances this year. FedLife Podcast (ep. 89): Top Ten Financial Tips for Federal Employees ... Read More

SECURE Act 2.0 Passage Allows for Enhanced Retirement Savings: Increase in RMD Age from 72 to 73 Effective 1/1/2023 and Then to Age 75 Effective 1/1/2033. Edward A. Zurndorfer SECURE Act 2.0 measure, past into law on December 30,2022 as ... Read More

Another 10 mistakes that can be disastrous to your retirement from federal service. Jennifer Meyer, CFP© Hello readers. As promised here are the next ten errors that I identified when I began working on my article series “Ten Easy Ways ... Read More

Beginning with the 2024 tax-year, RMDs from Roth accounts in employer-based plans will no longer be required. RMDs are already not needed from Roth IRAs. For employers that offer their workers a defined contribution plan, like a 401(k) or the ... Read More

Celebrating the end of the year with the top 5 most-read articles of 2022 by STWS advisor, Jennifer Meyer! Start the new year off right – properly prepare for retirement with our no-cost webinar series: Complimentary Webinars 5. Don’t Ruin ... Read More

Guilty! But, I hope you agree by now that I have advanced some important ideas. (Reminder, I’ve written this list with FERS, FERS RAE, FERS FRAE, and CSRS Offset in mind. But the ideas also apply to CSRS.) Now I ... Read More

Now is the time for federal employees to make some year-end tax moves to reduce their 2022 federal and state income liabilities. FEDLIFE Podcast, ep. 86: Seven Tax Planning Suggestions For 2022 Year-End Now is the time for federal employees ... Read More