Q. When we retire under federal law Enforcement and receive the Social Security Supplement under FERS, are Social Security and Medicare taxes withheld on our FERS annuity and supplement checks?
A. No, they are not.
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Mike Miles
Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.