TSP distribution


Q. I am a Department of the Air Force civilian and I plan to retire in June 2014.  I will be 60 and have 20 years of federal civilian service.  I currently have my entire TSP tied up in the 2020 L fund.  Is it too early to put all of my funds into government funds for stability purposes?

A. It’s not a question of timing, but of spending. You can move all of your money into the G Fund, if that’s what you mean, any time you like, but you’ll be limited to the lifestyle that can be supported by its performance.


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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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