Q. I understand that I will be required to take a TSP withdrawal at age 70. However, if I am still working and have not yet retired at age 70, do I still have to take a withdrawal?
Q. Many years ago I withdrew money from a previous employers retirement system (not federal) and rolled over to a private mutual fund company, where the fund was put into a 403(b) and tagged with a USDA title. It is not an account associated with USDA, but since I was starting work with USDA at the time somehow that label got assigned to the account. I want to roll over these funds from the current private mutual fund company to another private mutual fund company. The first company said I can’t do it until a live qualifying event happens, but…
Q. My plan is to retire on Dec. 31, 2018, at age 58 (under FERS). My TSP balance is just over $1 million. I plan to leave my TSP account with the federal government at this time. My current distribution in the account is as follows: G 8.83 percent; F 17.5 percent; C 31.5 percent; S 32.05 percent; and I 10.06 percent. How would you recommend that I reallocate my funds before I retire?
Q. I am under the FERS system, age 57 with 30 years of service. I am eligible to retire but will probably work another two years and retire at 59. I know that you recommend leaving TSP untapped for as long as possible. If I do this, I would need to take Social Security at 62 to make ends meet. Is this a good strategy? Many financial planners recommend waiting as long as possible to draw Social Security, so I am not sure which strategy makes the most sense.
Q. My agency, Veterans Affairs, is firing many employees for performance under the VA accountability act. I have 28 years of service after buying back seven years of military service and am 49. Will I get non-reduced retirement and access to my TSP withdrawals if I am given involuntary separation due to performance?
Q. My wife and I contribute 18 percent to TSP (Roth) but also have five outside funds (1 mutual fund, 2 Roth IRA’s, 2 traditional IRA’s) that we no longer contribute to. I am retiring soon; however, my wife will work another three years. Would you recommend rolling them into our TSP (L2030)?
Q. I am a federal firefighter facing a mandatory retirement next year at the age of 57. My question is, will the money I withdraw monthly from the TSP be counted toward the Social Security earnings test?
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?
Q. I am employed by the federal government under the CSRS system, with 44 years of service. My ex-husband recently died in December 2017 and I am getting his Social Security benefits of $1,365 per month. If I retired at the end of December 2018 would I still continue to get his SSI benefits at that same amount or would they be drastically cut, or I may not even get any? My ex-husband never worked for the federal government; he was only a veteran. I only have 24 credits worked toward my SSI benefits.