Retirement
Want a Pay Raise In Retirement? Consider Moving
Where federal employees choose to live after retirement can have a big impact on their expenses.
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
3 Essential Tax Planning Strategies for Federal Retirees
Paying taxes is never fun, but there are ways to minimize your tax burden. These are three important ones that apply to federal employees.
Pay & Benefits
Paying Double Taxes on TSP Loans
There are a number of downsides to taking a loan from your TSP account, not the least of which is the potential doubling your tax burden.
Pay & Benefits
Tax Loss Harvesting: A Lesson to be Learned from Trump’s Taxes
Tax loss harvesting is an important technique that should not be overlooked in your financial plan to maximize your long-term retirement savings.
Pay & Benefits
Legislation Would Make Payroll Tax Deferral Optional for Federal Employees
Legislation has been introduced to make the payroll tax deferral optional for federal employees.
Pay & Benefits
Lawmakers Haven’t Given Up Making Payroll Tax Deferral Optional for Federal Employees
Some lawmakers are still pushing the Trump administration to make the payroll tax deferral optional for federal employees.
Pay & Benefits
Postal Service Not Implementing Payroll Tax Deferral
The Postal Service announced that it has elected not to implement the payroll tax deferral for its employees.
Pay & Benefits
The Battle Over Federal Employees’ Payroll Taxes
Federal employees will not be able to opt out of the temporary payroll tax deferral, but some lawmakers are pushing to change that.
Retirement
Will the New Social Security Tax Deferral Affect Your Retirement?
A temporary payroll tax deferral is now in effect. What could this mean for your Social Security benefits?
Pay & Benefits
Will the Payroll Tax Deferral Apply to Federal Employees?
It appears some federal employees will have withholding of their payroll taxes deferred under a new executive order. Here's what we know.