Life annuity


Q: I read your article about a fully inflation-indexed immediate life annuity. How does it work, and since TPS doesn’t offer it, who should we turn to in order to find out more information?

A: My article was arguing for the development of an inflation-indexed annuity for federal retirees. No such solution currently exists. I encourage you to contact your members of Congress to suggest that such an annuity be part of any retirement reform package.


About Author

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 and view his blog at

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