Are you a federal employee or uniformed service member retiring soon and wondering what is a TSP annuity? If you are thinking about converting your Thrift Savings Plan into a guaranteed monthly paycheck through MetLife, you need to understand what you are giving up before making an irrevocable decision.

In this completely unfiltered video, Shawn from The Annuity Expert breaks down how the official MetLife TSP annuity works and why it is usually a bad deal for federal retirees. When you transfer your TSP balance into the official MetLife annuity, it operates as a rigid Single Premium Immediate Annuity (SPIA). You permanently surrender ownership of your hard-earned principal to MetLife. In exchange, you receive a basic monthly check—with no chance to earn market-linked interest, no liquidity for emergencies, limited inflation protection, and  ...