Retirement
Trump’s Payroll Tax Cut is a Lose-Lose Deal
The author says that a proposal to suspend the Social Security payroll tax would jeopardize the overall health of the program.
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 Hidden Expenses in Retirement
These are three hidden expenses you may not anticipate that can impact your retirement budget.
Retirement
Will Federal Employees Really Have Lower Taxes in Retirement?
Many federal employees assume they will be in a lower tax bracket in retirement. As the author explains, this may not be the case.
Retirement
3 Social Security Questions
Social Security is a key part of your federal retirement benefits. These are three important things to know about it.
Pay & Benefits
3 Things to Do With Your Extra Money
The coronavirus has many federal employees working at home which could mean they have fewer expenses. These are some ways to put the savings to work.
Retirement
Top Financial Mistakes That Do-It-Yourselfers Make
The author outlines some common mistakes he has personally seen individuals make when doing their own financial planning.
Retirement
Myths About Taxes Federal Employees Face in Retirement
Federal employees under FERS may not realize it, but they will have taxes on at least some of their retirement income during their golden years.
Federal Workforce News
How to Make Lemonade from Lemons
The situation with the coronavirus is scary and unprecedented, but these are some planning strategies within your control to help you create a better future.
Retirement
Social Security Secrets
Taxes and the age at which you start drawing it can both have an impact on your Social Security benefits in retirement.
Federal Workforce News
Which States Rely Most on Federal Aid?
A new report ranks the states in terms of their reliance on aid from the federal government.