You might think that retirement planning is what you do while you are working, and it stops once you retire. The author says that nothing could be further from the truth and that managing your investments is even more important once you are no longer actively contributing. He outlines some of the key points you need to know for managing assets after you leave your federal career.
If I were to pass away after only being retired a couple of years, I will have only had taxes excluded on a portion of my pension. If my wife and I elected no survivor annuity, does she get the remainder without paying additional taxes on it, since it has already been taxed?
How did your overall tax bill compare to the average American worker and with other countries? A new report from the Tax Foundation will show you.
The House has passed legislation that would allow Federal law enforcement officers, firefighters, and air traffic controllers to make penalty-free withdrawals from governmental plans after age 50.
An article from the Associated Press cited a report released this week which said that nearly 1,600 IRS employees willfully evaded taxes over a 10 year period. What was the report cited by this article? We have posted it for your review.
A new report from the House Ways and Means Committee says that the IRS deliberately cut funding to taxpayer services, resulting in increased wait times for customers, more delays in paying tax refunds, and other customer service problems.
The president and vice president have released their tax returns for 2014 showing their total incomes and effective tax rates.
As the new Congress convened this week, one Congressman made his traditional introduction of legislation that would abolish the IRS in lieu of a national consumption tax.
The Thrift Savings Plan has released important information for plan participants about the processing schedule in January.
How will federal employees under the FEHB avoid paying an additional penalty to the IRS? Here is a quick summary.