Expert’s View: Electing a Deferred Annuity

If you leave government before being eligible to retire, you have two choices: you can either ask for a refund of your retirement contributions or, if you have at least five years of creditable service under either CSRS or FERS, you can leave your money in the fund and apply for a deferred annuity at age 62, writes benefits expert Reg Jones. You’ll find his column at https://www.fedweek.com