Update - Buying back years of service credit (was - Hello, I'm new here)

[unno2002]

[FONT=&quot]Crunching some very basic numbers (check your own annuity purchase sources).[/FONT]
[FONT=&quot]For a federal employee, age 58, using the "401k" type account called [/FONT][FONT=&quot]the federal Thrift Savings Plan (TSP). A $18,000 annuity purchase would only provide retiree / spouse payment of $71.31 per month.[/FONT]

 

[PERSonalTime]

I was lucky enough to purchase 4 years of "air time" - got me out just when I thought my head would explode!

I bought years back as well. They were in the process of eliminating retiree health benefits and those additional years turned out to be my ticket to RE! What a blessing!!!