Ask The Experts: Money Matters

By Mike Miles

TSP monthly annuity

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Q. After entering my Thrift Savings Plan earnings in the Employee Benefits Information System profile, it shows my TSP annuity is $2,000 per month if I retire at age 56 (my minimum retirement age). What is the $2,000 based on? Is it $2,000 until I die, or only until I reach a certain age?

A. It could be your life, your joint life with a partner, or a minimum of 10 years, depending upon which annuity option you choose.

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