Q: Is there a program that allows a federal employee to withdraw from their government annuity early?
A: There are two scenarios:
- You quit and pull your contributions out. Not recommended as you will have no entitlement to an annuity later.
- You are already eligible to retire and you’ve been diagnosed with a condition that will result in your death in 9 months or less. Then you can pull your contributions out.
Agencies can request to have John Grobe, or another of Federal Career Experts' qualified instructors, deliver a retirement or transition seminar to their employees. FCE instructors are not financial advisers and will not sell or recommend financial products to class participants. Agency Benefits Officers can contact John Grobe at
[email protected] to discuss schedules and costs.
© 2021 John Grobe. All rights reserved. This article
may not be reproduced without express written consent from John Grobe.
About the Author
John Grobe is President of Federal Career Experts, a firm that provides pre-retirement training and seminars to a wide variety of federal agencies. FCE’s instructors are all retired federal retirement specialists who educate class participants on the ins and outs of federal retirement and benefits; there is never an attempt to influence participants to invest a certain way, or to purchase any financial products. John and FCE specialize in retirement for special category employees, such as law enforcement officers.
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