Q. I attained age 70 ½ this year. If I convert my TSP balance to an annuity before the end of this year, does that satisfy the required minimum distribution, or must I take the RMD this year and use the annuity to satisfy the RMD for future years?
A. You will need to satisfy the RMD for year one before April 1 of RMD year two. Since you’re in year one, the TSP won’t process your annuity purchase until you have satisfied the RMD requirement.
