Taxes and Your 2009 TSP Distributions: How To Lower Your Taxes
The drop in the value of your Thrift Savings Plan in 2008 may have you worried--especially if you are already retired. recent legislation allows investors to avoid taking the minimum required distribution in 2009. But to take advantage, you need to act sooner rather than later.
Posted: January 8, 2009 7:25 AM | Full Story
- Future Retirees: Do You Know Your Minimum Retirement Age?
- Should You Get a Survivor Annuity or Purchase Life Insurance?
Who are the Likely Nominees for Key Federal Management Jobs
Here is a rundown of people nominated for key federal management positions as well as people likely to be named to some of these positions under the new administration.
Posted: January 9, 2009 7:17 AM | Full Story | Discuss this Story
Stock Market Plunge May Lead to Change in Americans' Retirement
The drop in the value of stocks has ignited a crisis of confidence for Americans who manage their own retirement savings. Many plans do not offer markets index funds, such as those offered by federal Thrift Savings Plan, which often beat stock-picking fund managers over the long haul.
Posted: January 8, 2009 6:59 AM | Full Story | Discuss this Story
- Money, Congress and Your TSP: Watch Out for Your Retirement Money
- Quietly Changing the TSP's Investment Philosophy
Headquarters Approved for New Homeland Security Facility
One of the largest construction projects in the Washington, DC area since the Pentagon was built in the 1940's will be constructing a new headquarters facility for the Department of Homeland Security. The building will be built on the grounds of St. Elizabeths, a former mental hospital founded in 1852.
Posted: January 9, 2009 7:39 AM | Full Story | Discuss this Story
"It's the same thing that's on any river bottom."
Forest Service employees were walking the bank of the Ocoee River picking up dead fish after the TVA released muddy sludge into the water. TVA had sought no permits and had not coordinated its efforts with the Forest Service. The fish population, largely absent for 100 years, had been starting to flourish in this part of the Ocoee, according to a recent Forest Service survey.
Posted: January 9, 2009 7:28 AM | Full Story | Discuss this Story
Federal Inmate Labor Doesn't Lead to Big Payday
Courts routinely dismiss copyright infringement cases against the government by federal employees who developed products as part of their employment. And, says a court, a federal inmate who copyrighted a calendar he produced while performing graphic-art labor cannot collect the $500,000 he says his product is worth,
Posted: January 9, 2009 7:06 AM | Full Story | Discuss this Story
$240,000 Settlement to Passenger Wearing Arabic T-Shirt
A federal employee allegedly told an Iraqi-born resident of the U.S. that wearing a shirt with Arabic script to an airport was like going to the bank in a shirt that said “I am a robber." He was ordered to cover the T-shirt before boarding but has now been given a $240,000 settlement with two officials of the Transportation Safety Administration and JetBlue Airways.
Posted: January 8, 2009 7:09 AM | Full Story | Discuss this Story
21 Air Force civilians Receive Presidential Rank Award
Twenty-one Air Force senior executives and senior professionals received the 2008 Presidential Rank Award for sustained achievement in government service. Only 5 percent of the SES and equivalents, which make up approximately .03 percent of the total civilian federal workforce, may be awarded the meritorious-level rank award. Only 1 percent may be awarded the distinguished-level award. Distinguished Rank recipients receive a lump-sum payment of 35 percent of their rate of annual basic pay; Meritorious Rank recipients receive 20 percent of their rate of annual basic pay.
Posted: January 9, 2009 7:13 AM | Full Story | Discuss this Story
The Kinder, Gentler, Internal Revenue Service
“I've instructed all personnel at the IRS to be sensitive to taxpayers, especially previously compliant taxpayers who for the first time are having a hard time paying the IRS."
Posted: January 8, 2009 7:37 AM | Full Story | Discuss this Story
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