Q: I am a postal worker under CSRS and I will be retiring on Dec. 31 with 37 years. Will my unused annual leave be taxed on my 2011 income?
A: Your lump-sum payment will be taxable in the year it is received.
CSRS retirement
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Reg Jones
Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.