A Tax Deduction and a Tax Credit for a Thrift Savings Plan Contribution?
Some federal employees can earn a tax credit on TSP contributions using the Saver’s Tax Credit.
Some federal employees can earn a tax credit on TSP contributions using the Saver’s Tax Credit.
While estate taxes are often associated with “death taxes,” a more commonly overlooked issue is the tax increase faced by surviving spouses when filing taxes individually.
Federal employees: Are you making any of these mistakes in your retirement planning?
Without proper planning, Required Minimum Distributions can be a tax burden for federal employees in retirement.
Money for retirement savings is saved or invested in different kinds of accounts. Taxes will impact these accounts in different ways.
A little financial planning now can go a long way for federal employees in the upcoming year.
A lack of proper financial planning can leave your heirs with a significant tax liability.
These are 8 scenarios when it might not make sense to do Roth conversions.
Federal employees with a large annual leave payout at retirement could be surprised with a large tax bill if they do not plan properly.
Without proper planning, a large TSP withdrawal can dramatically increase your tax bill.