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TSP monthly withdrawal amounts

By Mike Miles on December 9, 2015 TSP, TSP withdrawal

Q. I understand I can change the amount of monthly withdrawals with TSP once a year. Is this true?

A. That is correct. You may change the amount of fixed monthly withdrawals from the TSP once each year, to take effect in January, by filing form TSP-73 by the December deadline.

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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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