Taxing CSRS Retirement Contributions
Topic: CSRS Retirement Tax Issue07. October 2005 |
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Re: taxing CSRS retirement contributions 2x??
Come on, guys, it's because, over an average
time-after-retirement period, the bulk of the retirement payments
greatly exceed the sum of the contributions. As for why employee
contributions to the CSRS are taxed, it's because — under the IRS code
– the CSRS never “vests.”
time-after-retirement period, the bulk of the retirement payments
greatly exceed the sum of the contributions. As for why employee
contributions to the CSRS are taxed, it's because — under the IRS code
– the CSRS never “vests.”
understandinggov.org