Understanding the tax implications of your federal retirement income—such as taxes on your FERS annuity, Social Security benefits, and TSP withdrawals—is key to effective financial planning. These income sources are all subject to federal income tax and are taxed as ordinary income according to your tax bracket. Below, we explain how each is taxed and what you need to know about withh... https://www.federalpensionadvisors.com/post/understanding-taxes-on-fers-annuity