Q. Do you generally recommend fixed-dollar, life-expectancy or annuity payments when taking monthly payments in retirement from TSP?
A. I don’t have a general recommendation for this. Each of these options can be the best choice in certain scenarios.
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.