Feb 19, 2018

What’s the Impact of the [PROPOSED] FERS Benefit Cuts?


What’s the Impact of the [PROPOSED] FERS Benefit Cuts?


'...The elimination of the FERS Supplement would have a severe impact on an early FERS retiree. The loss of the Supplement may cause the retiree to withdraw substantially more from TSP during the years before Social Security eligibility. Without proper savings and planning, this may place a retiree at risk of running out of savings during their lifetime...'


Reference: www.fedsmith.com
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Jan 21, 2018

Brother of NASA Astronaut Blames Racism For Her Removal From ISS Mission


Brother of NASA Astronaut Blames Racism For Her Removal From ISS Mission


'...My sister Dr. Jeannette Epps has been fighting against oppressive racism and misogynist in NASA and now they are holding her back and allowing a Caucasian Astronaut to take her place!” Henry Epps wrote in a Facebook post on Saturday evening...'


Reference: www.newsweek.com
Tags: NASA,

Jan 12, 2018

IRS Sets Withholding Tables as GOP Pledges Paycheck Increase


IRS Sets Withholding Tables as GOP Pledges Paycheck Increase


'...expressed concern that the new tables would “systematically underwithhold income taxes during the 2018 tax year.” That sort of move would boost workers’ pay before the November 2018 congressional elections but could leave them “owing federal income tax when they file in 2019,” according to a Jan. 8 letter to the Treasury Department from Senator Ron Wyden of Oregon and Representative Richard Neal of Massachusetts...'


Reference: www.bloomberg.com
Tags: Withholding Tables, income taxes, 2018 Taxes,