Q. If I take a deferred retirement at age 60 (I’m 48 now with 23 years of FERS service), can I buy an immediate Thrift Savings Plan annuity through Met Life without a penalty?
A. Yes, as long as it’s a life annuity.
TSP annuities
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Mike Miles
Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.