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TSP balance after death

By Mike Miles on April 20, 2017 survivor benefit, TSP, TSP withdrawal

Q. After a federal employee retires and is getting monthly payments from TSP, what happens to the balance of the TSP if that retiree dies?

A. The balance will be paid to the named beneficiary or beneficiaries.

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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.

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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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