Returning employee

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Q: I worked for the government for three years a long time ago and returned recently. I will be eligible to retire at 62 in about three years. I plan to work until 67, if possible. When should I pay back the withdrawals I took from my CSRS retirement? Is it better to do it sooner or later, assuming that I have the funds available?

A: Making a deposit sooner than later is the better option because interest continues to accumulate on the amount owed.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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