Bill Would Publicize Tax Debts of Federal Employees
Legislation has been introduced to make the tax debts of federal employees and retirees public information.
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.
Where are Americans Moving?
Recent data show which states are gaining and losing population which can have an implication for Congressional seats in the upcoming census.
The SECURE Act of 2019 Means Big Changes to Retirement Accounts
The SECURE Act is a new law that has significant implications for retirement savings. Here are some key points to know about the new law.
6 Key Retirement Changes of the SECURE Act
The SECURE Act recently became law and affects key components of retirement savings. Here are six important changes the law makes.
What Taxes Will Federal Employees Have in Retirement?
What taxes can federal employees expect to pay after they retire from federal service?
2020 TSP Contribution Limits Announced
The IRS has announced the 2020 contribution limits for the TSP and IRAs.
Former IRS Employee Heading to Prison for Evading Over $500,000 in Taxes
A former IRS employee is heading to prison for evading payment in over $500,000 in taxes.
Surviving Spouse Benefit: What Kind of Income Would Your Spouse Like?
The author says that federal retirees can wind up paying more taxes than they have to due to misunderstanding available survivor benefit options.
Could the Typical Fed Benefit from Capital Gains Reform?
A proposal is on the table to modify the capital gains tax. How likely is it to pass and what could it mean for your retirement savings?
The Retirement Math Problem
Taxes are expected to rise as the government continues to increase spending. These are some tax planning strategies to consider to protect yourself now.
