Q. If a VERA/VSIP is offered next year, will I be able to draw income from TSP without penalty? I will have 33 years of creditable service, and as of March 9 I will be 54.

A. You will be subject to the early withdrawal penalty unless you meet one of the exceptions listed on the left side of page 7 of the notice at:


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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 and view his blog at

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