TSP annuity fees

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Q: I am a FERS employee. I haven’t been able to find what fees are associated with taking an annuity with the TSP. The percentage amount of these fees will help determine whether to go with an annuity or take a fixed monthly payment schedule.

A: There are no explicit fees. You pay the premium in exchange for a monthly payment.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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