Q. I turned 70 ½ in April. I want to withdraw the minimum required before the end of this year to avoid getting taxed more next year. How do I request this? It seems they will send it at year’s end, but I would prefer getting it sooner.
A. You may use Form TSP-70 or TSP-77 to request either monthly payments or a lump sum, or both. The TSP will only make sure that your RMD is met if you have initiated monthly payments.