Learn About New Tax Rules for 2021 That Provide Extra Tax Savings Opportunities for Charitable Giving Edward A. Zurndorfer December 31, 2021 is the last day for individuals to make tax-deductible contributions for the year 2021. During the COVID-19 pandemic, ... Read More

Effective in 2022, RMDs from retirement accounts will be calculated with new life expectancy factors, making required distributions slightly less than they would’ve been with the old factors. Complimentary Webinars: Register Here Updated Life Expectancy Factors For the first time ... Read More

Ed breaks down for whom this month may be the best time to perform a Roth Conversion in their Individual retirement account. Edward A. Zurndorfer– Conversions of traditional IRAs to Roth IRAs can be performed at any time. Federal employees ... Read More

Which Results in More Tax Savings: Dependent Care Flexible Spending Account (DCFSA) or the Child and Dependent Care Tax Credit? Edward A. Zurndorfer Many federal employees have young children and/or dependent adults for whom an employee must pay child and ... Read More

Edward Zurndorfer explains how much the IRS taxes Social Security retirement benefits and which states also tax Social Security retirement benefits Edward A. Zurndorfer– Most federal employees and uniformed services members know that Social Security or FICA (Federal Insurance Contribution ... Read More

In this episode, Dan Sipe and Ed Zurndorfer speak about everything federal employees need to know about phased retirement plans and taxation of employer-sponsored life insurance. As tax season is upon us, it is important to understand what is going ... Read More

Here’s a breakdown of some strategies that reduce taxes and increase savings Edward A. Zurndorfer End-of-year tax saving strategies have always been a challenge, but year-end 2021 presents an even greater challenge amid major uncertainties about tax law changes Congress ... Read More

Over the past months, there have been a number of changes to different tax relief programs, insurance benefits and other government programs. Staying on top of these changes can be confusing, and often the information isn’t readily available. FEDLIFE ep. ... Read More

Understanding the Tax Rules Associated with Employer-Sponsored Life Insurance, Including FEGLI Edward A. Zurndorfer The tax treatment of an employer-sponsored life insurance plan can be complex. An example of an employer-sponsored life insurance plan is the federal government-sponsored Federal Employee ... Read More

Understanding the savings and benefits that you are entitled to receive can be overwhelming and confusing—sometimes it seems like finding the information you need is next to impossible. FEDLIFE Podcast, episode 57. Changes to the 2021 Child Tax Credit & ... Read More