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    What factors affect the average retirement income of federal employees?The average retirement income of federal employees is influenced by various factors, including the length of service, pay grade, and specific retirement plan (either FERS or CSRS). Additional income sources like Social Security benefits and Thrift Savings Plan (TSP) also contribute to the overall retirement income.
    Does retirement income count as income for Social Security?Retirement income does not count as income for Social Security and won’t affect your benefit amount. Specifically, the Social Security Administration excludes the following from income: None of these are considered earnings for Social Security purposes.
    How are Social Security benefits taxed?How your Social Security benefits are taxed depends on your combined income and filing status. Income thresholds determine whether your benefits will be taxed at 0%, 50%, or 85%. For tax planning purposes, you can withhold federal taxes from your Social Security benefits.
    How does the federal government affect my social security benefit?The federal government has special retirement programs for its employees. How this affects your Social Security benefit amount depends on when you worked for the federal government.
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