FERS SRS and real estate commissions

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Q. I am 53 and under FERS with 30 years of service. I plan to retire at 56 and do real estate full time. Do real estate commissions that I make count against the Special Retirement Supplemental?

A. As earned income, your sale commissions will be counted when figuring any offset against your FERS SRS.

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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.

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