This course simplifies the tax rules for federal retirement benefits, covering the Civil Service Retirement System (CSRS), Federal Employees Retirement System (FERS), and Thrift Savings Plan (TSP). You’ll learn to calculate taxable annuity payments, understand exceptions to early withdrawal penalties, and explore techniques to minimize taxes and maximize savings for retired and disabled federal employees and their survivors.

• Identify the appropriate tax treatment of distributions to retired civil service employees
• Identify the appropriate tax treatment of distributions to survivors of civil service retirees and employees
• Identify the appropriate tax treatment of distributions to disabled civil service retirees

Tax Year: 2023