Retirement
How Much Do I Need to Retire?
These are some considerations to help you determine how much you money you need to have saved to retire.
Taxes
Stay informed on tax rules and implications affecting federal employees and retirees, including guidance on taxes for FERS and CSRS annuities, Social Security taxation, TSP withdrawals, and retirement income planning. Explore updates on IRS regulations, withholding rules, state tax considerations, and policy changes that influence how federal retirement benefits are taxed. Find clear explanations and practical insights to help federal employees understand how different income sources are treated and how tax changes may impact their financial planning.
Retirement
Why You Should Retire Poor (on Paper)
Because the IRS primarily looks at income, retired federal employees who are "poor" in this sense will pay fewer taxes.
Retirement
The 4 Most Common Roth Conversion Mistakes
These are 4 mistakes to avoid when converting retirement funds to Roth.
Retirement
How to Get a Tax-Free Retirement
Is it really possible for federal employees to have a tax-free retirement?
Retirement
Is the Secure Act a Ticking Time Bomb?
The SECURE Act 2.0 has a number of potential unintended consequences that can lead to much higher taxes.
Retirement
TSP and Taxes: How Can I Avoid Them Once and For All?
A tax plan can help retired federal employees avoid overpaying taxes on TSP withdrawals.
Retirement
5 Reasons to Avoid Roth TSP and Conversions
These are situations in which federal employees may want to avoid utilizing the Roth TSP.
Pay & Benefits
IRS Coming After Federal Employees Who Don’t File
The author says that with a possible crackdown coming on tax delinquent federal employees, it is in their best interest to always file their tax returns.
Retirement
Diversify Your Tax Buckets
There are 4 primary "tax buckets" where you can have your money, and it's best to spread your investments across all of them over time.
Pay & Benefits
Invest Your TSP Like a Pro and Avoid These Common Mistakes
Federal employees can boost their retirement savings by avoiding these common TSP investing mistakes.