Q. Are TSP withdrawals considered to be earned income for the purposes of means-testing Social Security or FERS supplemental benefits?
A. No. They are considered ordinary income, but not earned income.
TSP withdrawals
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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.