New TSP Withdrawal options start today

[retiredunder50]

Here are links to info describing the new TSP withdrawal options. They are certainly a lot more flexible than the prior options.


https://www.tsp.gov/PDF/formspubs/tspfs10.pdf


https://www.tsp.gov/PDF/formspubs/tspbk02.pdf

 

[zinger1457]

Because of the old TSP withdrawal requirements I was forced to do a monthly installment withdrawal (minimum $25) a few years ago when I transferred a portion out of my TSP to an IRA so I could start doing Roth conversions. That requirement no longer exist with the new changes, went into my account today to stop the monthly withdrawal and it went very smoothly, was able to make the changes online.

 

[yakers]

Here are links to info describing the new TSP withdrawal options. They are certainly a lot more flexible than the prior options.


https://www.tsp.gov/PDF/formspubs/tspfs10.pdf


https://www.tsp.gov/PDF/formspubs/tspbk02.pdf

Thank you, just went online and it worked for me

 

[retiredunder50]

a nice 10 minute discussion about the changes can be listened to at the following site:



https://federalnewsnetwork.com/federal-drive/2019/09/how-to-navigate-tsps-new-withdrawal-options/