Q. I’m eligible to retire March 2018. I will have FERS, 35-plus years and I’m age 56. Also, I will have an outstanding TSP loan (two years to pay it off). Would I have to pay it off or will it be a write-off with a penalty tax?
Q. I am 57 years old and relatively new to the federal work force, having been in it three years so far. I plan and frankly need to work until that golden age of 72 1/2. That leaves a whopping 15 years until retirement. I currently invest 80 percent of my contributions to the L2030 and 20 percent to the L2040. I am considering allocations into the L2050 funds. I am, of course, looking for the potentially biggest bang for the buck. What are your thoughts?
Q. I plan on retiring in December 2017. I have $450,000 in TSP. I would like to take out half to purchase a home. Does this make sense? The interest saved by no loan payments would be more than the amount of tax paid.
Q. I am planning to retire at the end of the year. Can I still transfer the money in my Voluntary Contribution Plan (apart from the interest) into an existing Roth IRA? I heard that Congress was considering disallowing that move.
Q. I am 56 years old, and a widow. I’m working my fourth year as a U.S. Postal Service regular carrier. I worked five years as a rural carrier associate before that, one full year as a sub on my primary sub route, where the regular was not there. As I understand it, I have to work five years in order to be vested in my TSP contributions. True?
Q. I plan on retiring at the end of 2019. At that time I will have over 30 years of service and be over my minimum retirement age (MRA) at 58 years old. My question is, if I meet the MRA and years of service requirement, can I withdraw from TSP prior to turning 59 1/2 without penalty?
Q. I have recently retired ,and my TSP is allocated in the F, C, G and I funds. Should I now move all of them to the L Fund at once or in increments? What percentage should I be withdrawing if life expectancy is 20 years?