FERS retirement annuity to IRA

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I am receiving monthly FERS disability retirement payments from OPM. I’m looking for a way to reduce my taxes. Can I have OPM send these monthly annuity payments directly to my IRA? I have savings in taxable accounts that I’d like to use up first. Is there a yearly dollar limit to how much can be rolled over from the FERS disability retirement annuity to an IRA?

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Posted by (Questions: 1, Answers: 0)
Asked on April 12, 2024 10:21 am
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No, that is not an option.

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Posted by (Questions: 0, Answers: 381)
Answered on April 26, 2024 12:59 pm