How to maximize your wealth transfer, smart strategies for estate planning and designating one’s beneficiaries.   When it comes to the intersection of personal finance and estate planning, maintaining and monitoring your beneficiary allocations is critical. If you’re a staunch listener ... Read More

For the Fourth Consecutive Year, IRS Waives RMDs for Beneficiaries of Inherited Traditional IRAs For the fourth year in a row, the IRS has provided relief on required minimum distributions (RMDs) for non-eligible designated beneficiaries (NEDBs) of inherited traditional IRAs ... Read More

New HSA Contribution Limits for 2025 have been announced. Learn how to maximize your HSA and its potential to bolster your financial security. In the ever-evolving landscape of healthcare, understanding and optimizing your benefits can significantly impact your financial well-being. ... Read More

Discussing the world of Roth IRA contributions and the Saver’s Tax Credit. Learn how these financial tools can help grow your wealth a secure your future. Check Out Our Next Webinar on Tax Planning for Federal Employees – REGISTER HERE ... Read More

• This week’s episode goes over the many TSP withdrawal types and how each gets taxed differently. Plus, Dan’s got some helpful financial tips for feds. The Fed15 Podcast (Ep. 46): How the TSP is Taxed and Some Financial Tips ... Read More

Join Dan and Ed as they unlock the potential of college savings accounts for a brighter future! Check Out Our Next Webinar on Tax Planning for Federal Employees – REGISTER HERE FedLife Podcast (ep. #118): Tax Credits for Your Child’s ... Read More

In this article, we cover how TSP withdrawals and rollovers are taxed. If you’re wondering “How Are TSP Withdrawals Taxed?” – you’ve come to the right place. When taking money out of the Thrift Savings Plan (TSP), several factors impact ... Read More

Understanding a “Backdoor” Roth IRA Including Advantages and Tax Implications A “backdoor” Roth IRA is a technique used by high-income individuals who are not eligible to contribute directly to a Roth IRA instead convert a traditional IRA to a Roth ... Read More

With respect to Federal Income Taxes, here are the age milestones for federal employees and retirees. Check Out Our Next Webinar on Tax Planning for Federal Employees – REGISTER HERE FedLife Podcast (ep. #117): Federal Employee Income Tax Milestones Are ... Read More

Employees and Retirees Are Reminded of the April 15,2024 Deadline for Filing 2023 Tax Returns and Making First Quarter 2024 Estimated Tax Payments Federal employees and retirees have a few days left before the April 15,2024 deadline for filing 2023 ... Read More