Browsing: Taxed

A recent  column (“How CSRS and FERS Retirement Annuities Are Taxed”) discusses how CSRS and FERS non-disability retirement annuities are federally taxed. In accordance with the…

Both CSRS/CSRS Offset and FERS employees contribute to their respective retirement systems via payroll deduction. Each pay date, a portion of the employee’s after-tax salary is…

Updated for tax year 2024. If you’re an employee, you’re probably familiar with federal income tax and other withholdings on your regular paycheck. But what happens…