Federal Retirement Planning Blog

Jan 28, 2025

The IRS generally starts accepting tax returns in late January. If you file electronically and choose direct deposit, you could receive your refund within 21 days.

Jan 27, 2025

The Thrift Savings Plan is a good retirement savings vehicle for federal employees and members of the uniformed services.

Jan 23, 2025

Blue cross blue shield basic vs standard plans are both health insurance options, but they have key differences in terms of coverage, costs, and out-of-pocket expenses. Here's a breakdown:

Jan 22, 2025

As 2025 approaches, federal employees and professionals across various industries are eager to understand how merit increases will shape their financial futures.

Jan 22, 2025

Open Season for federal employees and retirees presents a valuable opportunity to review current health coverage, explore different options, and make informed decisions about future benefits.

Jan 17, 2025

How old do you have to be for 401k? The general rule is that you must be at least 21 years old to participate in a 401(k) plan.

Jan 15, 2025

The Thrift Savings Plan (TSP) Rule of 55 is a key provision that allows federal employees to access their TSP funds without incurring a 10% early withdrawal penalty.

Jan 14, 2025

As FEHB Plans 2025 draw near, federal employees and retirees face essential decisions about their healthcare coverage.

Jan 9, 2025

Yes, a FERS pension is taxable at the federal level. However, a portion of each payment may be tax-free as a recovery of employee contributions, depending on IRS annuity rules. FERS pension income is generally taxable at the federal level.

Jan 8, 2025

Retirement is a significant milestone, and writing a retirement letter is an essential part of the process.

Jan 7, 2025

Just over two years ago, the Thrift Savings Plan (TSP) introduced a new online system aimed at modernizing and enhancing user access to federal retirement savings.

Jan 6, 2025

Yes, getting federal disability retirement can be challenging due to the complex application process, stringent eligibility requirements, and the necessity of providing substantial medical evidence.

Jan 3, 2025

All UPS employees retiring after 31 December 2007 must submit their pension applications exclusively to the UPS/IBT Pension Plan.

Jan 2, 2025

The availability of VERA (Voluntary Early Retirement Authority) and VSIP (Voluntary Separation Incentive Payment) in 2025 will depend on the needs of individual government agencies.

Dec 31, 2024

Have you thought about what your retirement might look like? How will you spend your days? Where will your adventures take you? Who will you share this exciting new chapter with? What To Do In Retirement?.

Dec 27, 2024

The **WASHINGTON-BALTIMORE-ARLINGTON, DC-MD-VA-WV-PA** GS locality is one of 53 GS locality areas used to calculate cost-of-living pay adjustments for federal government employees.

Dec 26, 2024

Yes, you can name a charity as 401(k) beneficiary, and for many people, a traditional 401(k) can be one of the most tax-efficient assets to leave to a nonprofit. A qualified 501(c)(3) charity pays no income tax on the money it inherits from a traditional 401(k).

Dec 23, 2024

The main ADP 401(k) plan benefits may include payroll-integrated contributions, automatic enrollment features, plan-selected investment options, compliance support for employers, and professional plan administration.

Dec 20, 2024

Nurses are essential to the healthcare system, providing care and support to patients every day.

Dec 18, 2024

Starting January 1, 2025, the U.S. Postal Service is introducing the Postal Service Health Benefits (PSHB) Program, a new health insurance initiative tailored specifically for Postal Service employees, retirees, and their eligible family members.

Dec 16, 2024

Find the number on the fers sick leave chart that is closest to your sick leave balance.. If your exact balance isn't listed, round up to the nearest number on the fers sick leave conversion chart.

Dec 12, 2024

How many retirees are under csrs? About half of retired federal workers and their surviving dependents receive benefits from the Civil Service Retirement System (CSRS).

Dec 6, 2024

One of the most exciting phases in life is retirement. You spent years being dedicated to your career and can now enter into a new phase of life, full of possibilities with personal fulfillment.

Dec 5, 2024

The IRS announced a nice increase to the maximum hsa contribution limits 2025. The limit is $4,300 if you are single.

Dec 4, 2024

The standard deduction for 2025 is a crucial factor in determining how much of your income is tax-free. Every year, the IRS adjusts the standard deduction to keep up with inflation, and for 2025, these changes could impact your tax planning.