Q. I am retired (2008) and still maintaining my TSP fund. I don’t plan to dip into it for at least 5+ years. I am now 67 years of age (68 in July), and would like your opinion on the feasibility of moving my entire TSP holdings into the L 2020 Fund. Also, should I take that step, what are the penalties for withdrawal before 2020?
A. It is possible for you to move your money into the L 2020 Fund and there are no penalties for withdrawals from the fund.