TSP after CSRS retirement


Q. If I retire under CSRS at 55 years old and 34 years of service, when will I be eligible to get an annuity from my TSP? Will I have to wait until I am 59 or can I start drawing it upon retirement?

A. You will be free to buy an annuity or withdraw funds without penalty immediately after you retire.


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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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