Retirement
How to Pay $0 in Taxes on Your Social Security
These are some ways to help you reduce or even eliminate taxes on Social Security payments in retirement.
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.
Agency News
IRS Rarely Punishes Tax Delinquent Federal Employees
A recent IG report found that the number of tax delinquent federal employees is growing, but the IRS has put little effort into pursuing them.
Retirement
4 Must-Have Parts to a Federal Employee’s Retirement Income System
Federal employees must understand how to utilize all the parts of their retirement benefits to maximize their retirement income.
Retirement
How to Avoid Taxes on Your Federal Retirement
These are some ways to help federal retirees reduce their tax burdens.
Retirement
Massive Changes to RMDs: What Federal Retirees Need to Know
The SECURE Act 2.0 made some important changes to required minimum distribution (RMD) rules that impact your retirement savings.
Retirement
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.
Retirement
2023 Personal Tax Planning Guide
This guide will help you as you put together your 2023 tax plan.
Retirement
2022 Year End Financial Checklist
As 2022 draws to a close, this is a good time of the year to review your financial plan.
Retirement
6 Year-End Tax Saving Strategies
These are 6 strategies you can use to help save on taxes at the end of the year.
Retirement
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.