Q. Suppose I get an early-out opportunity this year at 52 or even retire at my minimum retirement age of 56 in 2020. Would I then get penalized if I were to start making withdrawals from my TSP before I reached the age of 59½? I have heard that age mentioned in relation to early TSP withdrawals before, but I am not sure how it factors in.
A. Any withdrawal from your TSP account will be subject to the early withdrawal penalty unless it qualifies for one of the exceptions listed on the left side of Page 7 of the notice at https://www.tsp.gov/PDF/formspubs/tsp-536.pdf.
