Connect with us
Many retirees assume they will fall into a lower tax bracket upon retirement, but this assumption can often lead to unexpected tax liabilities. Consider Your Future...
With the looming possibility of Congress not extending the Trump Tax Cuts (TCJA) for individual taxpayers, those nearing retirement or already retired might find themselves facing...
Seniors should be aware of these top strategies to potentially reduce their tax obligations. Elevated Filing Thresholds for Individuals Aged 65 & Over Individuals aged 65...
From market fluctuations to unexpected spikes in inflation rates and uncovered healthcare costs, the road to retirement can be fraught with financial uncertainties. Facing a trifecta...
Concerned about heading into retirement without adequate coverage? If your life insurance plan consists solely of FEGLI term life, the answer might be a definite yes!...
In the wake of the COVID-19 pandemic, the importance of estate planning has never been more apparent. The reality that anyone can face sudden incapacitation underscores...
Retirement planning is a significant milestone in any federal worker’s career, marked by considerations of age, length of service, and financial preparedness. Recent statistics from the...
Retirement is the phase of life we eagerly anticipate, a time for relaxation and enjoying the fruits of our labor. However, ensuring financial stability throughout retirement...
1. Errors in Your Earnings Record Can Impact Your Benefit Many individuals overlook the importance of regularly reviewing their Social Security earnings record for accuracy. Mistakes...
When does the journey towards retirement truly commence? The IRS’s provision for Catch-Up Contributions to your TSP at age 50 marks a pivotal milestone in your...
The Thrift Savings Plan (TSP) continues to evolve, delivering strong growth for participants and introducing new features to enhance retirement...
In late 2022, the Federal Long-Term Care Insurance Program (FLTCIP) stopped accepting new enrollment applications and announced the suspension would...
Each year, the IRS adjusts tax brackets to keep up with inflation. For 2025, these adjustments reflect a more moderate...
If you’ve researched federal retirement taxes, you likely know that most of your FERS pension (up to 90%) is taxable,...
If you haven’t taken the time to create a retirement plan, you may be in danger of outliving your nest...
Under FERS, federal employees have many unique retirement options, so it’s important to know the facts to determine which best...
The Postal Service Reform Act, which was signed into law on April 6, 2022, mandated that OPM set up a...
The 4% rule is a common guideline in retirement planning, suggesting that retirees can withdraw 4% of their retirement savings...
With several retirement options available under FERS, it’s essential to understand the details to choose the best one for you....
Planning your retirement as a federal employee comes with its own unique considerations. Unfortunately, many resources are focused on private-sector...