To plan your retirement finances effectively, it's important to understand how your federal retirement income is taxed. Your FERS annuity, Social Security benefits, and TSP withdrawals are all subject to federal income tax and are taxed as ordinary income based on your tax bracket. Below, we’ll outline how each of these income sources is taxed, with a special focus on the taxation of ... https://www.federalpensionadvisors.com/post/understanding-taxes-on-fers-annuity