Q. I understand that when I turn 59 1/2, I can begin withdrawing my TSP contributions without a tax penalty. May I continue working for the federal government after age 59 1/2 while augmenting my take-home pay with something like a TSP life annuity? Right now it’s looking like I’ll never be able to retire and am looking for ways to bring more money home to live on. An extra $1,000 per month or so from a TSP life annuity in addition to my regular federal salary would really help to make ends meet.
A. Yes
