Get matched with a Federal Retirement Consultant in New Jersey

Getting matched in New Jersey

New Jersey 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 New Jersey reads your plan with that in view.

How New Jersey taxes a federal retirement

New Jersey taxes your FERS annuity as ordinary pension income. If you are 62 or older or disabled and total income is $150,000 or less, you may claim the Pension Exclusion. At $100,000 or less of total income it reaches $100,000 married filing jointly, $75,000 single or head of household, and $50,000 married filing separately. From $100,001 to $125,000 it falls to 50 percent of taxable pension income filing jointly, 37.5 percent single and 25 percent married filing separately, and those figures halve again from $125,001 to $150,000.

A traditional TSP withdrawal past age 59.5 is taxable New Jersey income, but it counts toward the same age 62 Pension Exclusion as your annuity rather than getting a separate break.

New Jersey does not tax Social Security or Railroad Retirement benefits, and you should not report them as pension income on your state return.

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

Where New Jersey federal employees work

New Jersey has about 23,000 federal civilian employees, with large concentrations at Joint Base McGuire-Dix-Lakehurst, Picatinny Arsenal, VA New Jersey Health Care System and Naval Weapons Station Earle. 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 New Jersey

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 New Jersey

   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.

New Jersey cities

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

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