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TSP annuity provider to remain unchanged
The Washington Post: Federal employees who want to convert their Thrift Savings Plan accounts into lifetime benefits will do it through the same annuity provider for at least the next three years.
The TSP, a 401(k)-style savings plan available to federal civilian and military personnel, on Monday announced a three-year contract, with a two-year extension option, with MetLife, which has been the plan’s annuity provider for many years.
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