Key Federal Benefits Changes in the SECURE Act 2.0
The SECURE Act 2.0 recently became law, and it contains some important changes that can impact federal employees and their retirement planning.
Roth
Navigate the complexities of Roth accounts within the federal retirement system. This section provides expert insights into the Roth TSP, Roth IRA conversions, and tax-planning strategies tailored for the federal workforce. Learn how to leverage tax-free growth to hedge against future tax hikes, understand the nuances of TSP to Roth IRA transfers, and determine if a Roth conversion makes sense for your FERS or CSRS retirement strategy. Stay updated on contribution limits and the five-year rule to ensure your retirement income remains tax-efficient.
SECURE Act 2.0: Important Changes You Need to Know
The SECURE Act 2.0 became law as part of the 2023 omnibus spending bill. These are some of the key provisions federal employees need to know.
You Can Still Contribute to an IRA for 2022
It is not too late to make Traditional and Roth IRA contributions for 2022, but the deadline is coming up fast.
2023 Personal Tax Planning Guide
This guide will help you as you put together your 2023 tax plan.
6 Year-End Tax Saving Strategies
These are 6 strategies you can use to help save on taxes at the end of the year.
How To Reduce Taxes in Retirement
Tax planning strategies both before and after retirement are crucial to minimize the amount of taxes paid over the course of a lifetime.
Once You’ve Maxed Out the TSP, Do This!
Once federal employees have maxed out their TSP accounts, they can begin saving in other areas to help fully realize their financial goals.
Can I Contribute to Both the Roth TSP and a Roth IRA in the Same Year?
Can I contribute the max to my Roth TSP and also $6,000 to a Roth IRA in the same year?
Will You Be Required to Use the Roth TSP?
The author discusses a proposed change to TSP contributions under “SECURE Act 2.0” and a strategy he advises impacted federal employees to consider.
“SECURE Act 2.0” Would Make Tax Changes in 2022 and Beyond
A bill dubbed “SECURE Act 2.0” is moving through Congress. How would it impact the finances of federal employees?
