Q. I just started a Roth TSP and wondered if there was a five-year waiting period to start drawing it out? I am almost 61 years old.
A. Yes, the five-year rule applies to Roth TSP withdrawals.
Roth TSP withdrawal waiting period
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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.