I’ve been receiving quite a few questions lately about what is happening with implementation of the changes to Thrift Savings Plan withdrawal options as a result of the TSP Modernization Act signed ...
The Thrift Savings Plan (TSP) has made it easier to withdraw your contributions. Effective Sept.15, 2019, the TSP changed many of its withdrawal rules and loosened the restrictions on when you can ...
This means that if you retire (or resign) in the year you reach age 55 or later, there is no early withdrawal penalty on your TSP distributions. This also means if you are eligible to retire and do so ...
A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...
Federal Retirement Thrift Investment Board, Washington, proposed a rule to provide Thrift Savings Plans participants with additional withdrawal options and flexibility. The new polices would go into ...
If you work for Uncle Sam, your retirement savings options differ from your civilian counterparts. The Thrift Savings Plan (TSP) is the equivalent of an employer-sponsored retirement plan if your ...
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