Partial withdrawal


Q. I want to make a one-time partial withdrawal from my TSP account. I realize this withdrawal is subject to the Virginia state and federal income taxes. Who should I contact to learn how much taxes, both federal and state, I have to pay?

A. The withholding requirements are listed in the table on Page 3 of the notice at You won’t know how much tax you’ll actually owe until you file your tax returns for the year, however.


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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 and view his blog at

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