Retirement
7 Critical Tax Years to Plan for in Retirement
These are 7 important retirement milestones on which to focus your retirement planning.
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.
Pay & Benefits
Your Tax Refund as a Financial Tactic
A tax refund can provide a cushion against having to send more money to the IRS.
Retirement
How Tax Bracket “Bumps” Can Cost Federal Employees
Understanding the progressive nature of the tax code can help federal employees both during their careers and after retirement.
Retirement
Roth Conversion Break-Even Point
Do you need to take the break even analysis on taxes into account when doing Roth conversions?
Retirement
The Social Security Fairness Act and Your Taxes
Retroactive payments made under the Social Security Fairness Act could have tax implications.
Pay & Benefits
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.
Retirement
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.
Retirement
5 Huge Retirement Mistakes
Federal employees: Are you making any of these mistakes in your retirement planning?
Retirement
How Can Federal Employees Prepare for RMDs?
Without proper planning, Required Minimum Distributions can be a tax burden for federal employees in retirement.
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.