Taxes Federal Employees Will Face in Retirement

When a federal employee has retired, income taxes do not go away, they just change somewhat. Federal pensions, Social Security and distributions from the Thrift Savings Plan are all taxable to some extent. These are some taxes you can expect to incur in 2015 as a retired federal employee.

Kicking the SSDI Can Down the Road

The author says that new rules adopted by the House do not change the math of Social Security. The rules are a resolution in which the GOP tells voters that it will have the courage in the future to prevent the can to be kicked again. Whether the GOP does or not will be tested in the year ahead.

Social Security and FERS Supplement

I will receive the FERS supplement until age 62. I plan to wait until my full retirement age of 66 years 2 months to consider filing for Social Security. Can I file a restricted application for my spouse’s Social Security benefit and delay filing for my own Social Security benefit until age 70, allowing my benefit to continue to grow?