With so many federal employees facing an unexpected end to their federal careers, it might be a good time to go over some of the tax rules. Paying taxes is necessary, however, paying a tax penalty ...
So, you’re filing taxes after your first year of retirement, feeling good about your anticipated refund. Now that you’ve switched from your salary to a pension, you must be paying significantly less ...
Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn. Prior ...