Q. I am 56 with 32.5 years of FERS service and am getting ready to go home to the family ranch. I have about $550,000 in the TSP and most in the granny G fund. I want to basically draw the earnings after I hang it up. So, if I want to draw, say, $1,400 a month, can I do that, and am I able to adjust the draw, say, once a year?
A. Once you retire, you may file Form TSP-70 to request monthly payments in a fixed dollar amount. You may then file Form TSP-73 during the filing window each year to change the amount of the payments for the following calendar year.