What Gets Pulled Out When

In retirement, FB premiums are taken out of your pension, but not all other deductions. Different parts of your pension have different rules.

Here are some things to keep in mind:

• Deductions for FB premiums are taken out of your pension in retirement, but not for other benefits like dental or vision.
  
  
• Deductions from your pension are calculated as a lump sum each month, but the final amount is determined later.
  
  
• State taxes are not deducted from your pension in retirement.
  
  
• The rules for deductions differ between your interim pension and your full pension.
  
  
• It is important to understand and plan for the deductions from your pension to ensure sufficient cash flow in retirement.
  
  
• You cannot immediately withdraw from your tsp when you retire from work.

Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.

Register: https://fedpilot.com

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