OPM’s Retirement Application Backlog Reaches Record High
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Author Archive for: Karen
Entries by Karen Dzierzynski
5 Strategies to Reduce The 2020 Tax Bill
The American Rescue Plan Act of 2021 passed by Congress on March 10, 2021 includes many non-tax provisions to help address the COVID pandemic. There are also tax provisions in this law that may help you reduce your 2020 taxes. The IRS has extended the 2020 tax filing to May 17, 2021, giving taxpayers additional […]
Goal Based Retirement Planning
How do you plan your retirement? Goals based or settling? During the retirement classes I teach I often find most participants have not given any thought to their income goal in retirement. Instead, they are focused on calculating what their FERS or CSRS annuity will provide, Social Security benefit and the amount they need to […]
New 401(k) Rules for 2021, Including Thrift Savings Plan
A 401(k) is a fabulous tool for savvy retirement savers, and it’s a great idea to get a jump on your retirement contributions early in the new year. With the beginning of 2021 comes a fresh start on a lot of financial things, so be sure you know the 401(k) rules for 2021 in order […]
Rebalancing Your Portfolio
Rebalancing Your Portfolio Everyone loves a winner. If an investment is successful, most people naturally want to stick with it. But is that the best approach? It may sound counterintuitive, but it may be possible to have too much of a good thing. Over time, the performance of different investments can shift a portfolio’s intent […]