General knowledge of annuity company used


Q. I am going to retire after 32 years of service under FERS. Do you have any knowledge about which company will be managing the annuity monies? I was told that it could be MetLife and wanted to look over their financials to see if I should put my TSP annuity with the same company or diversify with someone else.

A. The Federal Retirement Thrift Investment Board makes the annuity purchase, on your behalf, from the insurance company of their choice. As far as I know they have been using MetLife, but you’ll have to check with the TSP at the time of your election to be sure.


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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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