TSP and disability retirement


Q. I am currently under the Office of Workers’ Compensation Programs, or OWCP, but have been approved for disability retirement. Can I make a withdrawal from my TSP account? Do I need to keep some money in the account to remain eligible to collect my disability retirement?

A. Your disability retirement income is not dependent upon the maintenance of your TSP account.


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.

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