TSP distributions post-separation


Q. I am almost 71 years old, still working and concerned about this year’s mandatory removal money from TSP. I called TSP and I can’t take any money until I separate. But will I owe minimum required distribution tax liability for 2015 before I separate?

A. No distributions from your TSP account are required until after you separate.


About 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.

Leave A Reply