Disability retirement

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Q. I am 78, I’ve been with a federal agency for 35 years and have been collecting Social Security for almost five years. Is it beneficial to apply for disability retirement? Will it have any impact on my Social Security? Or any impact my TSP?

A. The rules governing your TSP will be the same as those for anyone else who separates from federal service at your age. In your case, there will be nothing special about Disability Retirement and your TSP account.

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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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