Thank you for the replies. I'm quite supprized that there are only 2 responses, and neither are negative. I just read this thread:
The Great Annuity Rip-Off (tsptalk.com)
Man, this guy got...
Type: Posts; User: dave123; Keyword(s):
Thank you for the replies. I'm quite supprized that there are only 2 responses, and neither are negative. I just read this thread:
The Great Annuity Rip-Off (tsptalk.com)
Man, this guy got...
Thanx so much. I think this is my answer. I'm still a little leary as it says "your social security benefits." I wish it said your supplement, but I'm probably overthinking.
Ok, I've read a couple of threads that really don't like annuities. I've also gotten advice from friends to avoid annuities. My first thought is that if smarter people than I don't like annuities;...
I receive a supplement to my federal pension until I turn 62. The supplement is contingent depending on how much income I have from outside work during the year. At some point (last I heard, it was...
Thanx for the replies. I am 59 years old.
I was talking about the supplement, sorry.
I sure hope that Sean101 is wrong about 2022, I was told it was 19,800, and i got within 100.00.
So,...
I'm retired Federal Law Enforcement and receiving a pension. I know that I start losing money from my pension if I make over a certain amount each year. I don't want to go over the allowable...
Yes, evilanne, I'm talking about the supplement. No reason to come to work for 1/2 or less what I'm getting. I'm 58 and retired mandatory at 57, so I don't believe that this affects my social...
Thank you very much!
If you have a link, I would appreciate you sharing. There are some other things I wonder.
I'm retired Federal Law Enforcement and receiving a pension. I know that I start losing money from my pension if I make over a certain amount each year. I don't want to go over the allowable limit...
Hello. Does anyone know how much (or where to look) the cut off is for 2022?
thanx
I have an update on the solar project (and a request for opinions) here:
TSP Tax Question - Page 2 (tsptalk.com)
Long delay here, but I wanted to wait until I got my first "all solar" bill before checking back.
My bill was only the 12.00 for being connected to the grid. I also banked 233 KWH. These are...
Thanx, PO. They do pay the federal inmates; my crew got .12 an hour :)
I will let you guys know on the solar. If what they tells me holds true, I should see a net savings from day one of more...
You misunderstood me, Bullitt.
My issue was with the word MIGHT, meaning I might be exempt from the penalty. I'm hoping it's for sure.
@ Scout. Just worried about the penalty, the tax would be eaten up by my solar credit.
@bullitt. Install is done, I'm just waiting on the power company to put in a bi-directional meter for it to...
Thank you. That list you have, Rangerray, does not actually come out and say corrections, but everything does point that way. I remember when looking up my pay, I used the LEO chart.
Good to...
Thank you both. I was a federal correctional officer. I think that is included from what I can tell; however I wanted to be 1000% sure as I'm hoping to pull a bunch of money to use up my solar...
I'm a 58 year old retired Federal Law Enforcement.
I've heard that 59 1/2 is the cut off for penalty on withdraw.
Does that apply to law enforcement; I've heard that it does not.
thanx
I can't get this to edit, so another post:
p.s. Great idea Bullitt; I'm going to check with an insulation company, see if I can get an estimate - no sense leaving any stone unturned.
Thank you all very much for the great input.
First of all, sorry about the HTML code. By the time I noticed it, someone had replied, and I could no longer edit.
A few answers here:
First...
Thank you very much.
It appears I can just ignore this, which is great news.
Yes, I'm the guy :)
Thanx for your advice. As always, you make excellent points.
I asked the sales guy the same thing you did. The warranty is 25 years, and the parts are through the...
Thank you evilanne!
I'm still confused. So a portion of this will be a tax credit (for years)?
I'm retired (since June of 2020) and have not touched my TSP. I'm guessing that my tax liability right now will be about 6k the next time I do taxes as it's just my pension and a part time job.
...
Thank you Raven, that is what I was leaning towards.
Net or Gross??
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