Potential rehire


Q: I retired as a FERS annuitant Feb. 1, 2006, when I was 62.
If I am rehired, will my current FERS gross annuity before taxes be deducted from the new gross salary before taxes?
If I have the maximum for retirement, including the over 50 extra amount, deducted and invested in the TSP, am I matched by the federal government and vested from day one for as long as I decide to work?
I left my TSP with the federal government and I have not taking anything from the TSP.
I’m working as a federal contractor.

A: Your TSP agency contributions will resume and you will be vested based upon your total service.


About Author

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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