Insurance premium and tax deduction


Q. I am retired and collect an annuity from the government. I also pay a monthly premium for insurance. Is the premium deductible along with any other out-of-pocket costs that I can claim on my income taxes?

A. Only if your expenses exceed the limits contained in the current tax code. For more information, go to


About Author

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

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