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Note - TSP

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Fact SheetTSPFS24 (3/2020)AnnuitiesThis fact sheet explains life annuities, one of the TSP withdrawal options after you separate from service or have a beneficiary participant account established. For information about your other TSP withdrawal options TSP installment payments and single withdrawals see the TSP booklet Withdrawing From Your TSP Account for Separated and Beneficiary : A life annuity purchased with money from your TSP account is not the basic annuity or pension that you will receive as a result of your retirement coverage under FERS or CSRS, or the military retired pay that members of the uniformed services receive.

annuity payments, your beneficiary will receive a payment of $10,000. This feature can be combined with either a single life or a joint life annuity, and with level or increasing payments. Ten-year certain. If you die before receiving annuity payments for a 10-year period, payments will continue to your beneficiary for the rest of the 10-year ...

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