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How can you tell if a federal buyout is a good deal?

It seems like every week another agency is offering employee buyouts and early retirements. But they're not designed to make you rich. So how do you decide when a buyout is right for you? The Federal Drive spoke with registered employee-benefits consultant Ed Zurndorfer to get some answers.

Tags: early retirement , buyouts , pay and benefits , Federal Drive

Friday - 04/06/2012, 05:13pm EDT

Federal Drive interviews -- June 1

Jeff Orner, chief administrative officer at the Department of Homeland Security, talks about a teleworking award his office recently received. Sopen Shah, a defense analyst with Bloomberg Government, discusses a new report on federal contracting. Ed Zurndorfer, registered employee benefits consultant, explains what phased retirement could mean for feds. University of Baltimore law professor Richard Loeb discusses the backlog at the Defense Contract Audit Agency.

Tags: Federal Drive , DHS , Jeff Orner , Sopen Shah , Bloomberg Government , Richard Loeb , Defense Contract Audit Agency

Friday - 06/01/2012, 09:43am EDT

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

Friday - 05/04/2012, 04:10pm EDT

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

Friday - 04/27/2012, 02:01pm EDT

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

Friday - 03/23/2012, 11:29am EDT

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

Friday - 03/09/2012, 12:26pm EST

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

Friday - 02/24/2012, 11:19am EST

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

Friday - 01/13/2012, 12:41pm EST

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

Friday - 11/04/2011, 10:16am EDT

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

Friday - 06/05/2009, 01:14pm EDT
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