Take our latest quiz. This week we’ve got questions on TSP taxes, Medicare part D, and lending money to family members. UPCOMING TAXES WEBINAR [ays_quiz id=”52″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources ... Read More

Individuals Unable to Pay Balance Due on 2022 Federal Income Tax Return Should Still File Edward A. Zurndorfer – With less than a week remaining until the 2022 Federal income tax return filing deadline of April 18, 2023, those individuals ... Read More

In this episode, Ed Zurndorfer joins Dan Sipe to explain how the IRS taxes federal government pensions for CSRS and FERS employees.  UPCOMING TAXES WEBINAR FedLife Podcast (Ep. 94): How the IRS Taxes FERS and CSRS Annuities When employees retire, ... Read More

While Completing Preparation of 2022 Income Tax Returns, Some Employees and Retirees May Have to Make Estimated Tax Payments During 2023. Edward A. Zurndorfer – Many federal employees and annuitants receive income during the year that is not subject to ... Read More

Ed goes in-depth on how TSP withdrawals and rollovers are subject to taxation. Edward A. Zurndorfer- If TSP account owners have made traditional (non- Roth) contributions to their TSP account, they have not yet paid taxes on those contributions and ... Read More

In this episode, Ed Zurndorfer details the critical components of estate planning while emphasizing the importance of having comprehensive estate plans. ESTATE PLANNING WEBINAR FedLife Podcast (Ep. 93): Protect Your Legacy with Estate Planning The pandemic proved that everyone should ... Read More

A single withdraw from a fed who has separated from federal service An unpaid TSP loan – also only for a separated individual Installment payments (that are scheduled for 10 years or less) Age-based in-service withdrawals Death benefits paid to ... Read More

With No Inflation Adjustments in 40 years, More Social Security Beneficiaries Are Paying Federal Income Tax on Their Benefits Edward A. Zurndorfer Before 1983, Social Security benefits (retirement, survivor and disability) were not taxed by the federal or any state ... Read More

The 48th weekly quiz focuses on recent TSP performance, taxation of FERS and CSRS, and budgetary talks in Congress. Take Our Other Quizzes: Quiz #47 Quiz #46 Quiz #45 [ays_quiz id=”48″] You Might Also Enjoy This Podcast: FedLife Podcast: Top ... Read More

Tax season is now in full swing. This article breaks down the federal taxation of federal government pensions – both FERS and CSRS. Edward A. Zurndorfer Both a CSRS/CSRS Offset and FERS employees make nondeductible contributions to their respective retirement ... Read More