Two Years Does Not Mean Three-and-a-Half Years

May 28, 2015 6:42 PM Comments

In yet another situation where a retired federal employee missed the deadline for electing a survivor annuity for his new wife, she ends up with nothing.

Avoid Mistakes When Changing Your TSP Election

May 27, 2015 2:48 PM Comments

Changing your TSP contribution election to add the Roth option can be a little tricky. If done wrong, this could cause a FERS participant to lose out on thousands of dollars. The author explains by way of a real life example how this can happen and how to avoid making the mistake yourself.

IRS Hack Came From Russia

May 28, 2015 5:49 PM Comments

The Internal Revenue Service believes that a major cyber breach that allowed criminals to steal the tax returns of more than 100,000 people originated in Russia.

FBI Opens Investigation Into IRS Data Breach

May 28, 2015 12:10 PM Comments

The FBI has opened an investigation into the recent data breach at the Internal Revenue Service.

Fed Survey Shows Americans Are Optimistic About Their Finances Despite Generally Lacking Savings

May 27, 2015 6:32 PM Comments

The Federal Reserve has released a new study gauging Americans’ overall financial health. The results show that while Americans have become more optimistic about their financial situations, many remain unprepared for retirement or an emergency situation.

How to Avoid Distractions When You Work From Home

May 28, 2015 1:18 PM Comments

Do you regularly telecommute for your job? The author provides some useful tips to employ when working remotely to help you keep your productivity (and your sanity) going strong.

How Mike Huckabee Would Kill the IRS

May 28, 2015 1:45 PM Comments

Mike Huckabee has become the second Republican presidential candidate to vow the abolition of the Internal Revenue Service if elected in November 2016.

DOJ Indicts Hastert

May 28, 2015 5:47 PM Comments

The Justice Department has indicted former House Speaker Dennis Hastert on reporting evasion charges and lying to the FBI as part of an effort to pay off victims of “prior bad acts.”

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FedSmith Blogs

IRA Balances Are on the Rise

According to new data released by the Employee Benefit Research Institute (EBRI), average IRA account balances and the individuals contributing to them have been increasing.

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How Hackers Can Use Your IRS Info

The IRS recently reported that it suffered a data breach in which data on more than 100,000 taxpayer accounts were compromised. Former National Cybersecurity Center Director Rod Beckstrom and Former Cyber Advisor to President Obama Howard Schmidt provide insight into the IRS hack.

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