TSP payout

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Q. When I retire from civil service and start drawing from my TSP account, will the monthly amount be divided between my contributions and the federal government’s contribution, or will it be my portion until it is exhausted then start coming from the federal government?

A. It will be divided.

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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 fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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