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.
Taxes
Fixing the Widow/Widower Tax Trap
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.
5 Huge Retirement Mistakes
Federal employees: Are you making any of these mistakes in your retirement planning?
How Can Federal Employees Prepare for RMDs?
Without proper planning, Required Minimum Distributions can be a tax burden for federal employees in retirement.
The Smart Money List
Money for retirement savings is saved or invested in different kinds of accounts. Taxes will impact these accounts in different ways.
Essential Year-End Financial Planning for Federal Employees
A little financial planning now can go a long way for federal employees in the upcoming year.
Dying With a Large TSP or IRA Balance
A lack of proper financial planning can leave your heirs with a significant tax liability.
Reasons NOT to Do Roth Conversions
These are 8 scenarios when it might not make sense to do Roth conversions.
Annual Leave Payout Taxed at 40%?!
Federal employees with a large annual leave payout at retirement could be surprised with a large tax bill if they do not plan properly.
Should I Pay Off My Mortgage With My TSP?
Without proper planning, a large TSP withdrawal can dramatically increase your tax bill.
