Q. When I retired 5 years ago, I transferred all of my savings to the L Fund that was close to my life expectancy. I’ll be required to start withdrawing the RMD in 2018. With all of the uncertainty going on with the stock market, should I move the money I have left to the safe G Fund or stick with the L Fund for the long run?
Browsing: G Fund
Q. I am a federal employee and have been eligible to retire for a while, but I wasn’t ready until now. Within nine months I will have retired. I am one that converted way back when from CSRS to FERS. I am 67 and a half years old (already drawing my SSA, which I started at 65 when I reached 100 percent) and will be 68 and a half years old when I retire. Within 2 years after retiring, I will be required to start taking my minimum withdrawals. Several things: I am concerned with the recent money market fluctuations and…
Q. I plan to retire in 3 years. I have about $500,000 in the TSP. Currently I have the balance in the G fund because I feel pretty conservative as I approach retirement with that amount of money and don’t want to lose it. However, I am continuing to invest new contributions in the C, S and I funds. Does that make sense?
Q. I will be 64 when I retire [Dec. 31, 2016]. I will have a mortgage of about $106,000 at 3.25% interest. The state in which I live does not have state tax. My TSP should have about $157,585 when I retire. Should I take a lump sum payment and pay off my house or roll over the money into a Roth IRA? What is the tax rate the government would charge if I take a lump sum when I retire?
Q. I am eligible to retire next year at age 50 as a law enforcement officer under FERS. I plan on taking life expectancy payments from my TSP/401(k) as soon as I retire. If, upon retirement, I elect to transfer my TSP balance to a company like Vanguard, will I still be able to withdraw life expectancy payments from Vanguard and avoid the 10 percent early withdrawal penalty?