Where it gets problematic is when we get to your Social Security and TSP withholding. It is quite likely that 85% of your Social Security will be subject to federal income tax at your rate for ordinary income, though some retirees will find that a lesser portion is considered taxable; the ...
Do GS employees get a pension? The Federal Employees Retirement System, or FERS, is the retirement plan for all U.S. civilian employees. Employees under FERS receive retirement benefits from threesources: the basic benefit plan, Social Security, and the Thrift Savings Plan (TSP). What is mont...