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TSP early withdrawal requirements

By Mike Miles on October 10, 2017 early withdrawal penalty, MRA - minimum retirement age, retirement, TSP withdrawal

Q. I plan on retiring at the end of 2019. At that time I will have over 30 years of service and be over my minimum retirement age (MRA) at 58 years old. My question is, if I meet the MRA and years of service requirement, can I withdraw from TSP prior to turning 59 1/2 without penalty?

A. Yes.

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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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