TSP monthly withdrawal amounts


Q. I understand I can change the amount of monthly withdrawals with TSP once a year. Is this true?

A. That is correct. You may change the amount of fixed monthly withdrawals from the TSP once each year, to take effect in January, by filing form TSP-73 by the December deadline.


About 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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