Q. When I take Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay and I have annual leave, are they combined into one lump sum for tax purposes, or are they separate?
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Q. I expect to receive a lump-sum payment for annual leave accumulated in 2012-13 in 2014. When should that lump sum be taxed?
Q. I’m retired under FERS and my husband is still working for the federal government (also FERS). He has covered his son and me with Blue Cross/Blue Shield under the family plan. His son turned 27 years old this year, and we’re trying to decide whether to drop the family plan and seek insurance as self only. The savings per month is about $60, but I think we’ll end up paying more for taxes. Is there a way to calculate this? Do you have any suggestions?
Q. My father was a retired U.S. postal carrier. My mother was receiving his survivor benefits. My mother passed away and the funeral director is asking for the civil service number. My mother had direct deposit, and the bank said it doesn’t have this information. I have not located this information in going through her files. Where can I go for this information?
Q. Regarding the recent Supreme Court case that determined that the Affordable Care Act penalty for not having health insurance was a tax. May the reduction in a Social Security retirement benefit due to the application of the windfall elimination provision penalty be characterized as a tax?
Q. My wife and I are both federal employees covered under a family medical plan in my name. I’m thinking of retiring within the year, and my wife has at least five more years to retirement. Can we change the medical insurance to her name to continue pretax payment of insurance premiums and to continue with a flexible spending account?
Q. As I understand it, everyone who has health insurance will be required to notify the Internal Revenue Service of that fact no later than February 2014, which is much earlier than tax filing date in April, and much earlier than when I usually file. How are we supposed to perform that notification since it has to be done independently of tax filing?
Q. I am a CSRS federal law enforcement retiree (age 50 with 20 years of service). Other than having paid into FICA taxes, I never paid into Social Security like present FERS employees. When I turn 65, am I eligible for both Medicare parts A and B? If not, how do you suggest I proceed to supplement my coverage?
Q. My husband will be retiring for the Postal Service in November. Should he get a spousal annuity for me, a CSRS employee who will be retiring in 2016? Will I be eligible to draw Social Security benefit from his retirement and my CSRS retirement upon his death?
Q. My special retirement supplement was discontinued due to exceeding the Social Security income limit. I have not worked this year and should be eligible for the benefit to resume in January 2014 based on zero income in 2013. I don’t understand what will trigger the payments to resume. Are they tied to my income tax filing? Will I get a retroactive payment based on eligibility if they don’t resume until after January 2014?