STWS Advisor Jennifer Meyer reviews 2021 so far. For Feds, a 2022 pay raise, equal COLA for FERS, and Comprehensive leave have all been proposed by Congress. Jennifer Meyer, CFP© As we move into the second full week of February ... Read More

Determining One’s Filling Status is the First Step in the Preparation of the 2020 Federal Tax Return Edward A. Zurndorfer With the official start of the 2021 tax season about a week away on February 12, 2021, many federal employees ... Read More

In this episode, Dan Sipe and Ed Zurndorfer are back with multiple strategies to help feds optimize their tax situation, and achieve the maximum benefits on their Social Security. FEDLIFE PODCAST: Episode 42: Maximize Social Security Like and Subscribe on ... Read More

This column explains how RMDs will be calculated during 2021 for those individuals who are required to take them. Before presenting the general RMD calculation procedure, it is useful to review what an RMD actually is. Edward A. Zurndorfer The ... Read More

Ed Zurndorfer discusses these changes, as well as presenting automatic inflation adjustments to individual income tax brackets and other employee benefits thresholds and limits taking effect in 2021. During 2020, Congress passed two important pieces of tax-oriented legislation in response ... Read More

In this episode, Dan Sipe and Ed Zurndorfer have come up with a list of ten essential year-end planning tips. They improvise on some of the strategies from last year to adapt to the changes during 2020, and also provide ... 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

Employees Who May Owe Significantly on Their 2020 Taxes Should Make An Estimated Tax Payment by January 15, 2021 Edward A. Zurndorfer Federal employees have federal and state income taxes regularly withheld from their paychecks. But many employees receive income ... Read More

In this episode, Dan Sipe and Ed Zurndorfer discuss how, with only a few days left in December, you can implement some last-minute tax-saving moves that can potentially save you a significant amount of money! Optimizing Your Tax Situation Don’t ... Read More

5. The CARES Act & How it Affects Feds Click Here to Read 4. 2021 FEHB Plan Choices Click Here to Read 3. Avoid an Under-Withholding Penalty Click Here to Read 2. Recharacterizing 2019 IRA Contributions Click Here to Read ... Read More