TSP and retirement


Q. I plan to leave civil service next year after 17 years of service and to defer applying for retirement until age 62. Can I start monthly withdraws from my TSP account immediately after I leave federal service or do I have to wait until my actual retirement date at age 62?

A. You may begin to draw from your TSP account after your federal service has ended.


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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