A crucial part of financial planning is knowing how your federal retirement income will be taxed. Your FERS annuity, Social Security benefits, and TSP withdrawals are all taxable under federal income tax laws, with each taxed as ordinary income depending on your tax bracket. Below, we provide a breakdown of these tax rules, starting with the taxation of your FERS annuity. https://www.federalpensionadvisors.com/post/understanding-taxes-on-fers-annuity