What is the maximum salary for 2019 without penalty for the FERS Annuity supplement?

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Asked on October 15, 2018 4:47 pm
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The earnings test amount for the FERS Retiree Annuity Supplement for 2019 is $17,640, a $600 increase from last year. In case you are interested, linked is the SSA fact sheet with their 2019 information: https://www.ssa.gov/news/press/factsheets/colafacts2019.pdf

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Answered on October 15, 2018 8:34 pm

Is the 17640 gross or net income?.

( at April 5, 2019 1:00 pm)
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It is gross wages, or those subject to SSA tax, unless it is based on self-employment. Here is the exact language from the CSRS FERS Handbook: “Earnings, for purposes of calculating the earnings reduction, consist of the sum of wages for services performed in the year, plus all net earnings from self-employment for the year, minus any net loss from self-employment for the year. (See 42 U.S.C. 403.)”

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Answered on April 5, 2019 1:19 pm