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TSP contributions after partial withdrawal

By Mike Miles on July 9, 2012 Uncategorized

Q. Can I continue to make biweekly contributions to my Thrift Savings Plan account if I make a partial withdrawal from my account? I am 60 years old. Also, can I withdraw these funds at any time or at a certain time of year?

A. Yes, and you may request your age-based in-service withdrawal at any time.

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Mike Miles

Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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About the Author

Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.
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