Welcome! | Ask A Question

 
 
 
 
Question

Asked 6/8/2010

Does VA Disability income affect a federal employees retirement income

I have a small disability income from the VA and I work for the federal goverment. When I retire will this VA disability income affect the amount I will get from the Federal Goverment retirement plan I am on the new retirement plan.

 
 
 
 
 
Answers

Answer 1/1 - Submitted 6/8/2010

My gut tells me no. VA disability is a tax free compensation but knowing the government like I do, they'll cut part of you retirement down and make it tax free so it doesn't sound like double dipping. I suggest that a call to the VA regional office is in order and speak with a counselor. Their number is 1-800-927-1000 or at www.va.gov

 
 
 
 
Answer This Question Now

Type your Answer in the box below and post your answer.

Learn more about how this works

 
 
 

Related Questions (Ask a New Question)

 
K-1 income and schedule c income retirement contributions?

I have k-1 income of 500,000 from llc. i also have schedule c income of $500,000 from sole prop. can i contribute to my retirement plan $46,000 from schedule c and $46,000 from k-1 income, or am i limited to $46,000 total? there are no employees.

See Answers

 
In a "safe harbor", what is the maximum income an employee makes that can be used for the employees deferral. was $200,000?

I believe it was $220,000 per year of earned income. any income over that is not included for 401(k) deferral calcuation?

See Answers

 
Is state income charged on 401k

Should state income tax be deducted from missouri employees payroll

See Answers

 
Related Questions

K-1 income and schedule c income retirement contributions?


I have k-1 income of 500,000 from llc. i also have schedule c income of $500,000 from sole...

 

In a "safe harbor", what is the maximum income an employee makes that can be used for the employees deferral. was $200,000?


I believe it was $220,000 per year of earned income. any income over that is not included...

 

Is state income charged on 401k


Should state income tax be deducted from missouri employees payroll

 

What is the penalty for pulling out on a 401k?


Example. if we have $15,000 in a 401k and draw it out before retirement. what percentage...

 

I lost my job in 2010, i removed my 401k from the employment and moved it elsewhere. i have removed $25k since. how do i rep...


I was also eligible for retirement and receiving my pension as part of my income. also...

 

No state income tax move to state w/ income tax


My husband worked in fl for 18 yrs and built up his 401k. whe moved to nc 2 yrs ago. funds...

 
 

See more 401k questions

 
 
 
 
 

Ask A Question

Ask a new question about
401k: