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All dates are based on the age and years of service combinations you offer above and individual situations may vary - check with your workers office for specific information. This brings a 5 percent per year decrease for being under complete retirement age depending upon the retiree's years of service: age 62 with less than twenty years of service, 60 with a minimum of 20.
Also bear in mind that early retirement under the Voluntary Early Retirement Authority has various age and service requirements. Deferred Read This has unique factors to consider also, although it has the very same standard age and service requirements noted above (it applies to those who leave government prior to being old enough to retire and later on declare the benefit when they are the best age).
This is a consolidation of the additional details boxes (Pop, Up boxes) available in the Federal Ballpark E$ timate and the assumptions used in the estimations. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Annuity Rates Of Interest for TSP and non-TSP A Thrift Cost savings Strategy (TSP) annuity offers earnings in the type of regular monthly payments for as long as you - and your joint annuitant, if you choose an annuity with survivor advantages - are alive.
The aspects that affect the quantity of the regular monthly payments include: The annuity alternative you select Your age when your annuity is acquired (and the age of your partner or other joint annuitant) The balance in the TSP account used to acquire your annuity The "rates of interest index" when your annuity is purchased For functions of the Federal Ballpark E$ timate, we will offer an estimated annuity based on Single Life, increasing (inflation defense).