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5 things feds should know about Roth TSP
The Thrift Savings Plan's Roth option rolls out today. The Federal Retirement Thrift Investment Board has been preparing for the new program for two years now, but despite the big push today many federal employees will actually have to wait to enroll in the new program. One of the largest federal payroll processors needs more time to upgrade its systems in preparation for the Roth option. Find information about which agencies are affected, as well as the five things feds should know about the Roth TSP below.
Tags: Roth TSP , TSP , Kim Weaver , Bob Leins , pay and benefits , retirement , Tammy Flanagan , Jack Moore
Provision to transfer leave to TSP one step closer to law
Registered employee benefit consultant Ed Zurndorfer joined The Federal Drive with Tom Temin and Emily Kopp to explain this provision, and other proposals that Congress is considering that impact your wallet.
Tags: pay and benefits , retirement , annual leave , TSP , Federal Drive
Some feds face April 1 deadline for first IRA minimum distribution
April 1 is the deadline for federal employees and annuitants with traditional IRA accounts and are at least 70-1/2 years old in 2011 to make their first minimum required distribution (MRD) for 2011.
Tags: pay and benefits , retirement , Federal Drive
It's time to use or lose flexible spending account money
March 15 is the last day federal employees can use money they set aside in their healthcare flexible spending account in November 2010.
Tags: pay and benefits , benefits , flexible spending accounts , Federal Drive , healthcare
Analysis: Payroll tax cut opportunity to put more in TSP
Most FERS and CSRS Offset employees will receive the 2 percent payroll tax cut as par to the plan signed into law Thursday by the President, said certified financial planner Ed Zurndorfer.
Tags: TSP , retirement , pay and benefits , Federal Drive
Still time for feds to contribute to Roth IRA for tax benefit
Ed Zurndorfer, a registered employee benefit consultant, joined The Federal Drive with Tom Temin with tips on how to do it.
Tags: pay and benefits , retirement , Roth IRA , Federal Drive
Open season demystified: Tips for making smart choices
Registered employee benefit consultant Ed Zurndorfer, a registered employee benefits consultant, joined the Federal Drive with Tom Temin and Amy Morris with tips for making the best decisions.
Tags: Federal Drive , Tom Temin , Amy Morris , FEHBP , Open Season , health insurance , pay and benefits , OPM
Buy a new car, get a new tax break
When you buy a new passenger vehicle this year, you may be entitled to deduct state and local sales and excise taxes.
Tags: stimulus , IRS , tax credit , new car , ARRA
Start planning for your TSP Roth 401(k)
Tags: P&B , TSP , Roth 401(k)
The Greening of Your Wallet
Tags: P&B , stimulus , American Recovery and Reinvestment Tax Act , IRS , taxes
