jgman
Recycles dryer sheets
I am retiring from the federal govt at the end of this year at age 57 and will need to tap into my TSP. It is my understanding that when I withdraw from the TSP, I cannot designate which TSP fund to withdraw from (G, C,S etc)....money automatically comes from all the funds proportionally. This could be a problem if the market dips and I am forced to take money out of my stock funds. Ideally, I would roll over my TSP into Fidelity or Vanguard but than I would be subject to the 10 percent penalty on IRA withdrawals (age penalty). Anyone have suggestions on how to manage TSP withdrawals before age 59 1/2?