Ask The Experts: Money Matters

By Mike Miles

TSP withdrawal, Social Security and the special retirement supplement

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Q. Does the withdrawal of your Thrift Savings Plan annuity affect the amount of your special retirement supplement or Social Security if it exceeds the maximum amount of money you are allowed to make under Social Security?

A. Annuity income is not earned income for the purposes of means testing Social Security or FERS supplement benefits.

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