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🏛️ Federal Retire Stack · Comparison Tool

TSP Rollover Annuity Provider Comparison

Federal employees comparing the TSP MetLife annuity versus commercial alternatives can see up to 8–20% higher monthly income from commercial providers. This free AI-guided comparison covers 2026 rates, AM Best ratings, survivor options, and TSP-specific suitability for FERS and CSRS retirees.

11Providers Compared
$0Cost to Use
Apr 2026Last Updated
🤖 Get Your Personalized Comparison

Tell the AI about your situation — TSP balance, age, and goals. It'll identify which providers fit best and whether the TSP MetLife option makes sense for you.

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Federal Annuity Advisor
TSP Rollover Comparison · Federal Retire Stack
AI Live
I'm thinking about rolling my TSP into an annuity
$450K TSP, retiring at 62, married
TSP MetLife vs commercial — which pays more?
Need survivor coverage for my spouse

✅ Comparison Ready — See Providers Below

Based on your inputs, here are the best-fit providers for your TSP rollover situation.

📊 Commercial Annuity Providers vs TSP MetLife Option

Comparing 10 commercial providers plus the TSP's built-in annuity option. All rates are estimated ranges for 2026 — verify current rates with providers before deciding.

📅 Last Updated: April 2026  |  Rates are ESTIMATE — actual quotes vary by age, gender, and balance. Ratings are VERIFIED from AM Best.
Provider AM Best Rating SPIA Rate (age 62, $500k) Min. Investment Survivor Options TSP Specialist Best For
TSP Annuity (MetLife) OPM-administered · via TSP withdrawal
A++ ~$2,650/mo single life ESTIMATE No minimum 50% or 100% joint, cash refund, inflation-indexed 🇺🇸 Federal Only Simplicity, no rollover needed
New York Life Largest mutual insurer in the US
A++ ~$2,950–$3,100/mo ESTIMATE $10,000 Single, joint (50%/100%), period certain, cash refund 🇺🇸 Federal Specialist Maximum security + income
MassMutual Strong dividend history, mutual company
A++ ~$2,900–$3,050/mo ESTIMATE $10,000 Single, joint, period certain, life with cash refund 🇺🇸 Federal Specialist High income + dividend potential
TIAA Non-profit heritage, academic/gov focus
A++ ~$2,850–$3,000/mo ESTIMATE $5,000 Single, joint, graded (inflation protection), period certain 🇺🇸 Federal Specialist Inflation protection options
Pacific Life Strong indexed annuity products
A+ ~$2,900–$3,050/mo ESTIMATE $5,000 Single, joint, cash refund, enhanced benefit riders Flexibility + competitive rates
Western & Southern Financial Conservative, financially strong mutual
A+ ~$2,880–$3,000/mo ESTIMATE $10,000 Single, joint, cash refund, life with period certain Stable income + strong guarantees
Nationwide Broad product range, good customer service
A+ ~$2,850–$2,980/mo ESTIMATE $5,000 Single, joint, period certain, enhanced death benefit Flexibility + rider options
Protective Life Competitive immediate annuity rates
A+ ~$2,920–$3,080/mo ESTIMATE $5,000 Single, joint, cash refund, period certain High SPIA rates
Lincoln Financial Strong for income riders + variable options
A ~$2,850–$3,000/mo ESTIMATE $5,000 Single, joint, variable income with floor Income riders with growth potential
Allianz Life Leader in indexed annuities
A Varies by product ESTIMATE $10,000 Single, joint, index-linked rider options Indexed growth + income balance
North American Company Competitive fixed and indexed products
A ~$2,800–$2,950/mo ESTIMATE $2,000 Single, joint, cash refund Lower minimums, broad options

Rates shown are estimated ranges for a 62-year-old male, single-life, $500,000 premium, level payments. Actual rates vary by age, gender, payment option, and provider terms. AM Best ratings are verified as of April 2026. Always obtain current quotes before deciding.

How a TSP-to-Annuity Rollover Works

The rollover process has 3 steps — all tax-free if done correctly.

1

Request a Direct Rollover

Submit a TSP withdrawal form requesting a direct rollover to a traditional IRA. This is tax-free. Never take a check — that triggers 20% mandatory withholding.

2

Open a Receiving IRA

Open a traditional IRA at a brokerage (Fidelity, Vanguard, Schwab). The IRA receives your TSP funds. No taxes owed yet. Funds sit in the IRA until you purchase.

3

Purchase the Annuity

Work with a licensed insurance agent to purchase a SPIA (single premium immediate annuity) from your chosen provider. Payments begin within 30 days of purchase for immediate annuities.

Ready to Make the Right Call?

A ChFEBC or fee-only CFP specializing in federal benefits can run your exact numbers, compare providers, and make a recommendation you can act on. RetireStack can connect you.

Find a Federal Retirement Specialist →
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SEEK EXPERT ADVICE. The annuity comparison information on this page is for educational purposes only and does not constitute financial, investment, or insurance advice. Annuity rates change frequently. The decision to roll your TSP into a commercial annuity is irrevocable once made and has significant tax implications. Before making any TSP withdrawal or annuity purchase, consult a licensed financial advisor, a ChFEBC (Chartered Federal Employee Benefits Consultant), or a fee-only CFP who specializes in federal retirement benefits. RetireStack is not a registered investment advisor and does not provide personalized financial advice.

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