Q. I plan to retire with a TSP loan that I will not pay and will be a taxable distribution. Will this count against my FERS supplement earnings test? Same question for TSP withdrawals.
Q. I will be 57 years old in August, and already have 32 years of service. I am a FERS employee. Do I have to be 59½ to get penalty-free withdrawal from TSP, or am I good at my minimum retirement age + 30 retirement?
Q. I am a FERS employee with 28 years in government service and about five years away from retirement. I evaluate my TSP portfolio allocation based on risk comfort, life expectancy, etc. in isolation from what I expect to receive from Social Security and my FERS pension. My allocation is roughly 60 percent stocks, 40 percent bonds (mostly G Fund). Recently, I have been told that because I will have a guaranteed income stream from my FERS pension, I can afford to take more risk in my TSP and I should move money from the G Fund to the stock side of the portfolio.…
Q. I retired with FERS at age 60 with 31 years at the U.S. Postal Service under the Social Security supplement. Can I delay my Social Security when my supplement ends and earn the 8 percent each year until I pick the year I want it to start? Is there a special day to apply that ensures that 8 percent is included in the year I apply?
Q. I will be 59 in October and retired last June from the federal government. I am thinking of starting an S corporation. My income limit is $16,900 under Social Security. If I pay myself less than the income limit, will my retirement benefits stay the same? Also, when I file my annual income tax, the profit from the S corporation will be listed; does this amount affect retirement payments?
A. I am a FERS employee at the Department of Defense (from my TSP, 25 percent is in the general fund and 75 percent goes to a Roth. I am told that when I leave service, I must terminate my TSP. This is distressing. Any advice?
Q. I am currently a retired veteran receiving both retirement and disability concurrently. I just recently became a federal employee. When I finish 20 years as a federal employee, will I be able to collect FERS, retirement, disability and my TSP?
Q. I’m going to retire in six months, and I qualify for the special supplement. I understand that that supplement is subject to the Social Security earnings test but that my FERS retirement annuity is not counted toward that test. Is my thrift savings annuity and/or withdrawal subject to the Social Security earnings test? In other words, will my special supplement be lowered if my thrift savings annuity/payments go over the maximum allowed earned income (about $16,000)?