Closing TSP account


Q. I am retired LEO, age 57, and I made a partial withdrawal of my TSP for a rollover to an IRA. Will I be able to use the remaining amount for a down payment for a home and close the account? If the withdrawal is not possible, would you provide guidance to obtain funds from the TSP for a down payment?
A. You may withdraw your balance and close your account.


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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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