TSP distribution requirements


Q. I am 73 years old and still working for a VA Medical Center. Are there any changes in the rules regarding my TSP account? I was recently reading something about receiving minimum distributions from my TSP account. Does this pertain to me since I am still working?

A. The distribution requirements will not apply to your TSP account until you have separated from federal service. See the notice at https://www.tsp.gov/PDF/formspubs/tsp-775.pdf.


About 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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