How is Your Retirement Income Taxed?
What taxes can federal employees expect to have on their income in retirement?
Stay informed with the latest federal employee retirement news, including updates on FERS and CSRS, retirement eligibility rules, OPM retirement processing, and TSP performance as it relates to long‑term retirement planning. This category covers annual COLA updates, TSP news, survivor benefits, military service credit, retirement application guidance, and major OPM policy changes or federal legislation that could affect federal retirement benefits. Find clear, timely information to help current and former federal employees navigate retirement planning, benefit calculations, and post‑retirement considerations.
What taxes can federal employees expect to have on their income in retirement?
Legislation has been introduced to eliminate the GPO and WEP. It may be successful. What drives the intensity on this issue?
This detailed example illustrates ways that federal employees under FERS can minimize taxes on their retirement income.
There are ultimately only 3 variables federal employees can control to try to increase their FERS pensions.
For federal employees who are eligible, contributing to multiple retirement accounts can help to build wealth for retirement.
These are five things you should expect in your first year of retirement.
These two things will put a dent in federal retirees' finances if not addressed.
Federal employees and retirees should stay tuned for how the TSP will accomplish its implementation of the SECURE Act 2.0.
Air traffic controllers have different retirement rules than most federal employees under FERS.
Inflation in December was higher than expected but the rate has dropped considerably. 2025 COLA payments will continue going back to a more normal range.