Q. I am 40 years old with 14 years of Federal Aviation Administration air traffic control. I have six years military and bought back my time. Can I take a deferred annuity and walk now with 20 years and then at age 60 apply for my retirement?
A. Yes, you can resign from the government and apply for a deferred annuity at age 60. That annuity will be based on your high-3 on the day you left. Just be aware that you won’t be able to re-enroll in either the Federal Employees Health Benefits program or the Federal Employees’ Group Life Insurance program when you apply for your deferred annuity.