TSP withdrawals

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Q. Upon retirement, if leave my money in the TSP with a mixture of the G Fund and the C Fund, when I take monthly payments which fund will the payments come from? Can I designate monthly payments to come from the G Fund first?

A. Your withdrawals will be taken, proportionately, from each fund you own at the time.

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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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