Q. I am 68 years old retired and a FERS retiree. Currently, my wife and I do not need my TSP retirement to withdrawal. We know we need to start withdrawing at age 71½ and we will probably set up a monthly payments from my TSP account (not annuity). However, if I die before 71½, can my wife still receive the monthly payments?
A. Your TSP required minimum distribution will begin when you reach age 72. As long as your wife is the beneficiary of your account, she will be able to take money from it after your death.