TSP funds


Q: I am 65 and plan to retire next year. When I turn 70½, will the dollars I have in TSP at that time be automatically included in the Federal Tax “Required Minimum Distribution” (RMD) calculation?

A: I’m not sure that I understand your question. The TSP will remind you before your withdrawals must begin, but you must initiate the withdrawals. The TSP will automatically calculate the distribution amount if you select monthly payments based on your life expectancy.


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