Post-Retirement
Questions and answers
'Earned Income' means:
- Any salary or pay you received working for someone else (including overtime, vacation pay, bonuses, and severance pay, etc.);
- If you are self-employed, any self-employment net earnings made from working or managing your own business;
- Deferred income (income you earned but didn’t receive during this calendar year); and
- If you are re-employed in Federal service, the gross income before your employing agency offsets your salary.
Generally, all income subject to Federal Employment taxes or self-employment net profit is considered earned income. Work wages are on any W-2 statement issued by an employer.
DO NOT INCLUDE MONEY EARNED BEFORE RETIREMENT.