Tsp Annuity Calculator

Although the TSP annuity interest rate index changes monthly for purposes of the Federal Ballpark Etimate we are using the default factor of 35 for both the TSP and non-TSP savings calculations.

Tsp annuity calculator. The TSP annuity has been around for almost 30 years and wouldnt have the features that an annuity offered today would. Interested in purchasing a life annuity visit tspgov. Although the TSP annuity interest rate index changes monthly for purposes of the Federal Ballpark Etimate we are using the default factor of 35 for both the TSP and non-TSP savings calculations.

A federal employees TSP is usually the lions share of their retirement savings. Other Alternatives The good news is that those who want a fixed monthly payment out of their TSP will have other options to make this happen. Use the TSP Payment and Annuity calculator to estimate your monthly annuity payments.

You purchase a single life annuity with level payments and no additional features. The rate in question here is simply the annual rate of returns you get from your TSP. Your annuity estimate is based upon the annuity option you choose your age your joint annuitants age and the account balance you provide.

The Annuity Calculator is intended for use involving the accumulation phase of an annuity and shows growth based on regular deposits. You will find a calculator to help you with your decision and to estimate your annuity payments. T Number of years of payments.

1 For life annuity purposes age is defined in whole years. This is an average over the past 48 months of data. Your service so far.

To project payments from life annuity options use the TSP Payment and Annuity Calculator. To explore annuity estimates based on a different type of annuity purchaseor an annuity purchase combined with other withdrawal optionsyou can use the TSP payment and annuity calculator. The annuity provider Metlife guarantees a fixed growth rate but it is generally around 26.