TSP funds


Q: I plan to retire next year. Can I leave my TSP contributions in the TSP and take no monthly payments/distributions at this time? Are there any negative consequences to this decision?

A: Yes, you may. There are no negative consequences, and I advocate that you leave your money in the TSP for as long as possible.


About Author

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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