Q. I want to make my overall TSP more conservative. I am 56, and my TSP is very substantial (20 years’ worth of maxed-out contributions) and so are my other retirement assets. I am not feeling very risk tolerant. Currently I have 85 percent of my TSP in L2030. The other 15 percent is my last 3½ years of contributions (with catch-up) that I put in a 70/15/15 mix of C/S/I. I was thinking of moving the last 15 percent to L2030, or even moving that 15 percent into G or F/G. There was a period in the past 3½ years when I was…

Q. Being too young for retirement, I would like to tap into my retirement money for necessary costs of living during unemployment. After writing the Office of Personnel Management, it and the National Archives and Records Administration have advised me that they are unable to locate my records. Because it will be at least 15 years before I can retire without penalty, and I have records, I don’t care. In the meantime, can I simply request this small loan of my own retirement money from TSP?

Q. I heard that if you have a Roth TSP and make withdrawals before 59½, the exception under the Defending Public Safety Employees’ Retirement Act does not apply to the earnings portion of the Roth TSP. (I know if you transfer money to a an outside Traditional IRA or Roth IRA, you lose exception). I am a federal agent who qualifies as a public safety employee, and I’m retiring at age 56. I have money in both a traditional TSP and Roth TSP. I plan to start withdrawing upon retirement. Will I be penalized for having a Roth TSP?

Q. I’m late out the gate with my TSP account, however I’m excited that the C Fund is on a gaining streak right now. I used to have my 5 percent going to the G Fund, then whatever total amount I had in the G Fund I switched it completely over to the C Fund. I also added another 1 percent, so now I have a total of 6 percent of my paycheck going into the C Fund. I’m only a Grade 7 so finances are a little tight, and I’m sure they are going to be even tighter when it comes time…

Q. I plan on retiring next August at 57 years old. I would like to buy an immediate annuity but do not want to buy the MetLife FERS annuity. Their interest rates for the annuity are extremely low compared to other annuities. When I retire at 57 years old, can I buy another annuity and avoid paying 20 percent upfront tax when buying that annuity? Also, can I get my payments without the 10 percent penalty for not being 59½?

Q. I am 58 years old and have been with the Transportation Security Administration for 14 years. My TSP account is down to whatever the government has put into it. I had taken out money to live on, as I am looking at a disability retirement due to some vertigo issues. They told me I can’t take out the final amount until I am 59½ — that will be another year. Is there a way to get those funds released prior to that due to hardship? I have used up all my sick and annual leave and savings due to this…

Q. I’m a few years out from retirement but want to plan carefully for that day. A lot is written about earning money from outside sources (e.g., non-federal employment or self-employment) and how it affects Social Security benefits. What I want to know is if I retired today under the $15,480-allowed outside-income criteria, would my FERS annuity and any TSP income (either annuity or withdrawal) be included in that $15,480-income ceiling, or are they treated separately thereby allowing me to receive my full Social Security benefit, FERS annuity, TSP income and outside income together without reductions?

Q. I am separating from a covered law enforcement position after age 50, but before I attain retirement eligibility. I have an outstanding TSP loan that will become an early distribution. My understanding is that I will not be subject to the 10 percent penalty, but will pay income taxes on it. Can you confirm if this is correct? Also, I have a military TSP and will continue to contribute to it. Can I assume the loan repayment using those funds to avoid the distribution?

Q. I visited my Roth IRA ($20,000-plus) adviser for a one-year review a few days ago. She informed me it would be better to invest my $150,000-plus with Edward Jones instead of the mandatory MetLife annuity required by TSP. Do I earn interest on my annuity and can I raise my yearly payment, or even pick the dollar amount? Does MetLife provide this information so I can make a educated decision? What do you suggest?

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