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Is FERS Pension Considered Income? A Comprehensive Guide to Taxation

For many retirees under the Federal Employees Retirement System (FERS), understanding the taxability of their pension is a crucial concern. The short answer to 'is FERS pension considered income?' is yes, for most purposes. However, the exact amount you owe in taxes can vary significantly based on several factors, including your total income, filing status, and contributions.