TSP Annuity Calculator

Annuity Type and Payments

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Annuity Type

Single life Payments are based on one covered life only. Joint life with a spouse Payments are designed around you and your spouse together. Joint life with someone other than a spouse Payments reflect coverage for you and a non-spouse joint annuitant.

Payment Type

Level Monthly payments stay the same over time. Increasing Payments start lower and rise over time.

Single life annuity

A single life annuity bases payments on one life and usually produces a higher payment than joint options.

Joint life annuity

A joint life annuity is designed to continue based on two lives, which usually lowers the starting payment.

Level payments

Level payments remain steady month to month for a more predictable payout pattern.

Increasing payments

Increasing payments trade a lower initial amount for future payment growth over time.

Annuity Features

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Additional annuity features let you decide whether you want annuity payments to continue to named beneficiaries or include additional payout protections based on the option selected.

None No additional payout feature is added. Cash refund Allows remaining value to be paid to beneficiaries if the annuity ends early. 10-year certain Provides a minimum payout period of 10 years even if death occurs earlier.

Feature overview

None keeps the estimate focused on the basic annuity only.
Cash refund can preserve unused value for beneficiaries.
10-year certain adds a guaranteed minimum payment window.

Survivor Annuity

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50% survivor annuity Provides a reduced continuing payment after the first annuitant dies. 100% survivor annuity Continues the full payment amount for the survivor.

Survivor options

50% survivor annuity keeps part of the payment going to the survivor.
100% survivor annuity keeps the full eligible payment going to the survivor.

Annuity Estimate

See below for an estimate of how much monthly TSP annuity payments could be based on the information you provided.

Estimated Monthly Annuity Amount

$0.00

Age at purchase

Not provided

Annuity amount

Not provided

Type of annuity

Not provided

Type of payments

Not provided

Joint annuitant age

Not provided

Annuity feature

Not provided

Survivor annuity selection

Not provided

Adjusted divisor

Not provided

This monthly annuity amount is an estimate generated by this calculator based on the selections you provided. It is intended as a planning tool and not a guarantee of actual annuity payments.

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Introduction

Your estimate is influenced by:

Age and Amount

Annuity Type and Payments

Annuity Type

Payment Type

Single life annuity

Joint life annuity

Level payments

Increasing payments

Annuity Features

Feature overview

Survivor Annuity

Survivor options

Annuity Estimate

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