A spouse’s death can have devastating financial consequences on the surviving spouse,  particularly if the death was sudden and unexpected. This column reviews some of the steps that married federal employees should take in order for the surviving spouse to ... Read More

The number of Thrift Savings Plan (TSP) participants with TSP accounts valued $1 million or more has grown significantly over the last five years. The number of TSP millionaires hit a record high of 189,836 participants as of October 1, ... Read More

During 2024, the IRS issued final guidance for individuals who inherited IRAs after December 31,2019, explaining the rules for inherited IRA required minimum distributions (RMDs). The first inherited traditional IRA RMD is due by December 31, 2025. Depending on the ... Read More