Plan Your Federal Retirement Podcast

Understanding Tax Implications for Survivor Benefits


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Need help with federal employee survival benefits. I looking for specific help with my wife's survivor FERS and Death Benefits. My wife worked for the Federal government and was still working when she passed. After her death I met with her employer to fill out paperwork to gain access to her TSP (401k) and FERS accounts, and to make decisions regarding how the death benefit would be paid out. I don't understand the tax rules for the FERS and death benefit funds so am looking for some guidance. My wife passed away in February and after 9 months, I was finally given access to her TSP account. Her FERS and death benefits are still being processed by OPM. - Mark https://zurl.co/Gb4nj
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Plan Your Federal Retirement PodcastBy Micah Shilanski & Tammy Flanagan

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