Required minimum distribution

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Q. I want to take the remaining required minimum distribution for 2013 in one lump sum (I have received monthly payments through May). Can this be done online at the TSP.gov website? If so, where exactly? If not, how do I do this?

A. You can do it via the website by clicking the My Account link or using form TSP-77, which is available at https://www.tsp.gov/PDF/formspubs/tsp-77.pdf.

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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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