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Level 1
January 31, 2025
Question

Is FERS a qualified plan?

  • January 31, 2025
  • 2 replies
  • 28 views
For purposes of deciding whether to use the "simplified method" or the "general rule," is the annuity portion of Federal FERS retirement a "qualified plan"

    2 replies

    SharonD007
    Level 14
    January 31, 2025

    Yes, FERS is a qualified retirement plan.

     

    Refer to U. S. Office of Personnel Management FAQ Is my pension from OPM a "qualified" or "non-qualified plan"?

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    Level 15
    January 31, 2025

    ... and you would use the Simplified Method if the correct taxable amount is not shown in box 2a of the 1099-R.