2013 6-Pack learn to eat healthy 03:31. As I looked back on the previous few years, I realized that I was not a happy person. Within a year's time, I had turned 40, become a single father and lost my biggest supporter: my mom. I was disappointed in the direction my personal and professional life was taking.
What is the difference between permanent disability and disability retirement benefits? Disability retirement benefits is a phrase used in the Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CSRS).
Generally, if you retire on disability, you must report your pension or annuity as income. There is a federal tax credit for people who are permanently and totally disabled. For more information, see IRS publication 524, Credit for the Elderly or the Disabled.