Fact Check: Is the FERS Special Retirement Supplement Taxable? Here’s the Exact IRS Rule

FERS Special Supplement income is fully taxable by the IRS with no exemptions or reduced rates allowed.

FERS Special Supplement income is fully taxable by the IRS with no exemptions or reduced rates allowed.

Americans nearing retirement hold an average of $108,000—far below what most will need to retire comfortably.

Full retirement age is the age at which you become eligible to receive your complete Social Security retirement benefit—the full amount you've earned...

Yes, you can retire early even if you started saving late. The key is aggressive catch-up contributions, intentional lifestyle adjustments, and leveraging...

Your retirement is in trouble when you're spending more than your income, your investment accounts are depleting faster than planned, or you're unable to...

The wealthy avoid taxes in retirement using a combination of legal strategies that exploit structural advantages in the tax code—strategies often...

The retirement account you're ignoring is likely the Solo 401(k), and if you're self-employed or run a small business, this oversight could cost you...

The single most damaging 401k mistake is withdrawing or cashing out your balance early—before age 59½.

The retirement mistake that affects 90 percent of retirees is starting withdrawals too early and withdrawing too much too fast from their savings.

Retirement systems across the country are undergoing significant structural changes, though most workers and retirees never see the machinery working...