Q. What are the options for rolling over our TSP funds? You also always state to keep our funds in TSP as long as possible. Are we guaranteed that our money will be there? If I take a monthly payment, will that monthly payment be minus taxes?
A. You may roll over a distribution from your TSP account to an IRA or other qualified retirement plan, as long as the distribution to be rolled over is not a Required Minimum Distribution. Your funds are guaranteed to be there if they are invested in the G Fund. If you take full distribution as a series of monthly payments, there will be tax withholding from the payments unless you waive withholding. You’ll find more information about withholding in the notice at https://www.tsp.gov/PDF/formspubs/octax92-32.pdf.