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[TSP_Strategy] Re: Cover Your Assets

 

Good stuff Bill.
Note to those who "bought back" military time:
Your bought back time is not factored into the formula.
I had 33 years credited service time at retirement. So my FERS annuity is 33% of my "High 3". However, 7 of those years were "bought back" active duty military time. So for RAS - 7 was subtracted from 33 to give me 26/40, or 65% of what Social Security said I was to receive at age 62.
Thanks,
Johnny B

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Posted by: John Ledoux <jledoux55@yahoo.com>
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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