Deferred annuity


Q. I will be resigning from the Postal Service and need to know a few things. If I withdraw all of my Thrift Savings Plan funds after resigning, will I still be able to apply for a deferred FERS annuity?

Upon resigning, I will be 49 with 22 years and 10 months of time. When would I be eligible for a deferred retirement: 56 or 60?

A. Although withdrawing your funds from the TSP would have no effect on your eligibility for a deferred retirement, taking a refund of your retirement contributions would. So, if you want a deferred annuity, leave them in the fund. Since you have at least 20 years of service, you could apply for a deferred annuity at age 60.


About Author

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

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