Q: Are there any special considerations in terms of penalty when withdrawing from my Thrift Savings Plan if I have a life-threatening condition such a severe aortic stenosis? I’m a 58-year-old Federal Employees Retirement System employee planning to retire on 2010 30 years of service.
A: Since you will be retiring during or after the year in which you reached age 55, you will have access to your TSP account assets without penalty.
