Description
The FERS Special Retirement Supplement Estimator helps eligible federal employees estimate one of the most misunderstood benefits available before age 62.
For some FERS retirees, the Special Retirement Supplement can provide temporary bridge income between retirement and Social Security eligibility. However, the benefit can be confusing because it depends on your estimated age-62 Social Security benefit, your years of FERS civilian service, and whether you have earnings after retirement.
This tool helps users estimate a potential monthly FERS Special Retirement Supplement and understand how the earnings test may reduce the benefit if they work after retiring from federal service. The included simulator allows users to test different levels of earned income and see how the net monthly supplement may change.
This workbook is especially useful for federal employees considering retirement at MRA, employees planning to work part-time after retirement, and anyone trying to understand how much bridge income may be available before Social Security begins.
Software requirements:
This is a Microsoft Excel workbook. For best results, use the desktop version of Microsoft Excel. This file is not designed for Google Sheets, Apple Numbers, or mobile spreadsheet apps.
Important disclaimer:
This tool is for educational and planning purposes only. It is not financial, tax, legal, investment, retirement counseling, or benefits advice. Finance for Feds is not affiliated with OPM, TSP, SSA, or the U.S. government. All estimates depend on user-provided inputs and assumptions. Users should verify retirement benefits with official government sources and consult qualified professionals before making retirement, tax, investment, or benefits decisions.
Digital product notice:
This is a digital download. No physical product will be shipped.
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