In this episode, Ed and Dan discuss why many federal employees and retirees may need to make quarterly estimated tax payments and how failing to do so can result in costly IRS underpayment penalties. With more retirees receiving income from ... Read More

A provision coming out of SECURE 2.0 (2022) may allow for penalty-free distributions from certain qualified retirement plans to pay long-term care (LTC) insurance premiums without the 10 percent early withdrawal penalty. This provision allows qualified retirement plan participants younger ... Read More

In this episode, Ed and Dan take a deeper look at the tax consequences of Roth TSP in-plan conversions beginning in 2026, with a focus on how the IRS “five-year rules” impact withdrawals. The discussion breaks down how traditional vs. ... Read More

As a federal government employee, you could take advantage of your minimum retirement age (MRA). If you’re fortunate, the FERS annuity supplement bridges potential income gaps between your MRA and age 62 (when you apply for Social Security). What if ... Read More