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TSP monthly withdrawals

By Mike Miles on October 18, 2011 Uncategorized

Q. I’m a FERS employee with the U. S. Postal Service and plan on taking a monthly TSP withdrawal when I retire at 64. I assume that the dollar amount can be changed either up or down at the beginning of each year. Is my assumption correct?

A. Yes.

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Mike Miles

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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About the 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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