Federal Employees Info
White House Likely Sticking with 2% for the 2025 Federal Pay Raise
President Biden proposed 2% federal pay raise for the 2025 budget in March. Not likely to change unless there’s action from congress to adjust the
How Will The Thrift Savings Plan Pay My TSP Beneficiary?
How Will The Thrift Savings Plan Pay My TSP Beneficiary? The Thrift Savings Plan (TSP) is designed to provide financial security for federal employees and
Backdoor Roth IRA Conversion: Beware of Tax Traps and Pitfalls
Backdoor Roth IRA Conversion: Beware of Tax Traps and Pitfalls For high earners seeking tax-advantaged retirement savings, the backdoor Roth IRA presents a compelling opportunity.
IRS Finalizes Beneficiary RMD & 10-Year Rule on Inherited IRAs
IRS Finalizes Beneficiary RMD & 10-Year Rule on Inherited IRA The IRS recently released final regulations for inherited IRAs, clarifying and reaffirming controversial rules around
FEGLI Option C: Life Insurance for Eligible Family Members
Federal Employee Group Life Insurance for Family Members The Federal Employees’ Group Life Insurance (FEGLI) Program is a comprehensive life insurance plan available to federal
IRA Required Minimum Distribution: Start Age and Calculations
IRA Required Minimum Distribution: Start Age, Calculations, and More A Required Minimum Distribution (RMD) is the minimum amount of money you must withdraw annually