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Are these considered wages?

By Mike Miles on August 8, 2019 annuity, FERS

Q. I retired under FERS and receive the supplement. Will the sale of a second home be considered wages, thus reducing my supplement or completely eliminating it?

A. Proceeds from the sale of a home are not considered wages for any purpose that I am aware of.

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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.

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About the 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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