Get matched with a Federal Retirement Consultant in Colorado

Getting matched in Colorado

Colorado taxes retirement income but excludes part of a FERS annuity for many retirees.

That matters because the federal rules are identical in every state, but the take-home is not. A retirement date, a survivor election or a TSP withdrawal plan that is right in one state can land differently in another once state tax is counted. A consultant who serves Colorado reads your plan with that in view.

How Colorado taxes a federal retirement

Colorado lets you subtract up to $20,000 of pension and annuity income if you are 55 to 64, and up to $24,000 if you are 65 or older, figured separately for each spouse on a joint return. A FERS basic annuity qualifies, and anything above the cap is taxed at the 4.4% flat rate. If you are under 55 you get no subtraction at all unless the income is a death benefit.

A traditional TSP withdrawal taken after age 59.5 qualifies for the same pension and annuity subtraction, but it draws on the same $20,000 or $24,000 cap as your FERS annuity and your Social Security subtraction. Most retirees use up the cap on the annuity alone and pay 4.4% on the TSP money.

Colorado taxpayers 65 or older subtract the entire federally taxable Social Security amount. From 2025 those 55 to 64 may too if adjusted gross income is $75,000 or less single or $95,000 or less joint, otherwise a $20,000 cap applies.

Tax year 2026 rates; exclusions as published for current returns. Confirm with the Colorado revenue department or a tax professional.

Where Colorado federal employees work

Colorado has about 41,000 federal civilian employees, with large concentrations at Denver Federal Center, Fort Carson, Peterson Space Force Base, Buckley Space Force Base, United States Air Force Academy and Cheyenne Mountain Space Force Station. Wherever you work, the retirement rules are the same federal rules. What changes with your address is the tax picture above and which consultants are licensed to work with you.

How matching works in Colorado

1. Step 1

   Tell us where you are

   Pick a time below and share your city, state and the decision you are weighing. Nothing is filed and you can stop at any step.

2. Step 2

   We match you with an FRC who serves Colorado

   FFEBA, the organization behind the FRC designation, refers you to a Federal Retirement Consultant in its network who works with federal employees in your state. Look them up by name before the call.

3. Step 3

   A free review, by phone

   The consultant reads your situation against the federal rules and your goals, in plain terms. If your plan already fits, you will hear that.

What the review covers

The consultant walks the same ground for every federal employee, in plain terms and against your own goals:

• Your retirement date. Eligibility, the FERS Supplement, COLA timing, and how the date shapes your first years of income.
• The survivor election. What it costs, what it protects, and how it affects FEHB for a spouse.
• FEHB and Medicare. The five-year rule, and how your plan coordinates with Medicare later.
• FEGLI. Which options you carry into retirement, and where coverage stops earning its cost.
• The TSP. How it is invested today and how you will turn it into income once the paychecks stop.

Colorado cities

City pages for the largest federal workforces in Colorado, with the installations and agencies where people work: Colorado Springs, Denver. Not near one of these? The booking form above works for anyone in Colorado.

This page is education, not tax, legal or investment advice. State rules change; confirm the Colorado figures with the state revenue department or a tax professional before you file anything.