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TSP withdrawal

By Mike Miles on June 18, 2015 TSP withdrawal

Q. My MRA is 56. If I retire at 56 years old with 34 years of service, can I begin to withdraw from my TSP immediately, or do I need to wait until I’m 59 and a half old?

A. Immediately.

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Mike Miles

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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About the 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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