It is important for life insurance policyholders to consider the tax implication when they buy life insurance. Many federal employees and retirees own life insurance policies. The main purpose of owning life insurance is to pay out a lump sum ... Read More

Top high-impact items that can help federal employees develop a sturdy financial plan. Also – Katelyn reviews the best (and WORST) accounts for inheritances. The Fed15 Podcast (Ep. 41): Top 5 Things You Need for a Federal Financial Plan Dan ... Read More

Why Young Employees Should Consider 2023 Roth IRA Contribution and Perhaps Benefit from IRS’ Savers Tax Credit Young federal employees, especially those employees who entered federal service in 2023 after graduation from college, are encouraged to make their 2023 Roth ... Read More

A Summary of the Tax-Smart Ways to Help Pay a Child’s Education Costs – Part II This is the second of two FEDZONE columns discussing the tax-preferred ways that federal employees can utilize in order to pay for their children’s ... Read More

What feds should know about making a Roth conversion in the next two years. Also – dissecting the White House’s suggested pay raise of 2.0% for next year. The Fed15 Podcast (Ep. 40): White House Suggests 2.0% Federal Pay Raise ... Read More

In the TSP for feds and in 401(k) plans in the private sector, it is important to watch out for excessive elective deferrals! Check Out Our Next Webinar on Tax Planning for Federal Employees – REGISTER HERE FedLife Podcast (ep. ... Read More

CFP® Professional Katelyn Murray breaks down which financial accounts are the best for inheritances… and which types aren’t. Katelyn Murray, CFP®, ChFEBC®, FBS®, CFT-1™, ECA – When it comes to financial planning for federal government employees and retirees, considering the ... Read More

A Summary of the Tax-Smart Ways to Help Pay a Child’s Education Costs – Part I Federal employees are well aware of the increasing costs of raising a child. Everything from feeding, clothing, housing, medical care and education (from nursery ... Read More

This month’s quiz for federal employees and retirees: UPCOMING TAXES WEBINAR [ays_quiz id=”72″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate ... Read More

The Case for Roth Conversions through 2025: Maximizing Tax Savings for Federal Government Employees and Retirees By: Katelyn Murray, CFP®, ChFEBC®, FBS®, CFT-1™, ECA – By Katelyn Murray- Roth conversions are a bit of a hot-button topic as of late ... Read More