Is TSP annuity taxed?

Is TSP annuity taxed?

There are no tax consequences upon the purchase of a TSP life annuity. A TSP annuitant who purchases a TSP annuity will only be taxed when the TSP participant receives TSP life annuity monthly payments. A TSP life annuity purchased with traditional (non-Roth) money will be fully taxable as it is paid out. Aug 19, 2020