Before you commit your money to the TSP annuity, you will want to consider the following.
Posts Tagged: annuity
A FERS employee asked me whether or not they should buy an annuity as they reach their FERS retirement age?
Everybody knows what the high-three is – right? – but who knows how to calculate the high-three? Definition. The high-three is the highest average salary obtained by averaging an employee’s salary over a consecutive 36-month period, with each salary weighted for the time it was in effect. In calculating the high-three, use basic salary only,… Read more »