FERS Retirement Tax Calculator
Estimate Federal and State Taxes on Your Retirement Income
Enter Your Retirement Income
Your annual FERS annuity payment (Form 1099-R Box 1)
Total after-tax contributions you made to FERS (shown on OPM statements)
Amount you plan to withdraw from Thrift Savings Plan annually
Roth withdrawals are tax-free if qualified
Your annual Social Security benefit amount
Part-time work, investment income, rental income, etc.
Some states exempt federal pension income from state taxes
Affects standard deduction and potential penalties
Understanding FERS Pension Taxation
FERS pensions are partially taxable depending on whether you made after-tax contributions to the retirement system. Here's how it works:
The General Rule
- FERS employees hired after 1983: All contributions were pre-tax, so 100% of your pension is taxable
- Employees with CSRS service: If you had CSRS service before 1987, part of your pension may be tax-free
- Military buyback: Payments for military service credit are after-tax, creating a small tax-free portion
Social Security Taxation
Up to 85% of your Social Security benefits may be taxable depending on your "combined income":
- Combined Income = Adjusted Gross Income + Nontaxable Interest + 50% of Social Security
- Single filers: 0% taxable if under $25,000; 50% taxable if $25,000-$34,000; 85% taxable if over $34,000
- Joint filers: 0% taxable if under $32,000; 50% taxable if $32,000-$44,000; 85% taxable if over $44,000