Should You Take the FERS Supplement or 10% Bonus to Your Pension?

“Should I retire at 60 vs. 62? I know that I’d get the FERS supplement if I retire at 60 but I’d get the 10% pension bonus if I retire at 62. How do I do the math to know which one would be better?”

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I am a practicing financial planner, but I’m not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.