Pros and Cons of a Roth Conversion
A Roth conversion can offer significant benefits, but it comes with important tax implications. Benefits Contributions to Roth IRAs...
Basics of the Progressive Tax System
The United States employs a progressive tax system, where the tax rate increases as an individual’s income rises. This structure aims to...
Severance Pay Explained
Severance pay can provide a critical financial cushion for qualified federal employees facing involuntary separation from their jobs. How...
Tax Day Tips
April 15, 2025, tax day, is right around the corner. If you’re unable to file on time or struggling to pay what you owe despite...
VERA, VSIP, and RIF
With the continued downsizing of the federal workforce, here’s a rundown of how VERA, VSIP, and RIFs function within federal agencies....
Steps To Take With Layoffs Looming
With many federal employees still reeling from mass layoffs, legal challenges, and job insecurity, it’s important to be prepared....
Understanding Your Service Computation Date
A service computation date (SCD) is a key factor in determining a federal employee’s eligibility for various benefits or programs....
Phishing Emails and Ghost Preparers – Beware Tax Scams
Phishing Emails and Smishing Texts Fake IRS Phone Calls Bogus or Ghost Tax Preparers False Tax Credit Schemes IRS Online Account Scams How...
Penalty-Free TSP Monthly Payments
Federal employees who exit service before age 55 can opt for monthly withdrawals from their traditional Thrift Savings Plan (TSP) based on...
DSR After Involuntary Separation
Federal Employees Retirement System (FERS) employees may qualify for Discontinued Service Retirement (DSR) under specific conditions,...
