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In-service withdrawal

By Mike Miles on December 30, 2011 Uncategorized

Q. Can I do an in-service withdrawal for a down payment on a house?

A. Only if you are at least age 59 1/2 and have not already taken one, or you can demonstrate financial hardship.

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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.

1 Comment

Patti M on January 3, 2012 5:57 pm

But he can get a TSP loan!!

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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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