Browsing: Minimum Retirement Age

Q. I am planning on retiring from the Federal Employees Retirement System in five years at my minimum retirement age. I consider myself a long-term buy-and-hold investor and have accumulated the following assets from regular investing at opportunistic times over 25 years: TSP ($250K) + max annual contributions in C fund, USAA Strategic Advisor Fund ($100K) and International Fund ($150K), First Command Roth IRA Destiny Fund ($150K), CDs and Money Market ($250K), Gold Fund ($50K). Is there any advice you could give me to shift my assets to best protect my investments for that five-year mark? I feel I am pretty…

Q: If I leave before I reach my Minimum Retirement Age, will I be able to start withdrawing from my Thrift Savings Plan when I reach my MRA without a penalty? A: Yes, but restrictions will apply if you separate from service before the calendar year in which you reach age 55. See the notice at http://www.tsp.gov/forms/octax92-32.pdf for more details.

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