Q. I retired in 2018, on Dec. 31, off the books with a buy out. I am 73 and have already been taking the required minimum distributions from a couple of other IRAs. I know I will be required to set up distributions or something with the TSP in and for 2019. Because I retired in 2018 and because I am 73, do I need to take a TSP distribution for the 2018 year before a point in April? And if yes, will that need to be reported as income for 2018 or income for 2019?

Q. I am 66 years old and am retired. I have around $400,000 in my TSP. I am not planning to withdrawal until 2022. Currently, I have G Fund, C Fund, I Fund, etc. I am not sure if I should move all to G Fund or L2020.

Q. I had all my funds in the L Fund most closely related to my retiring date until this afternoon. After learning that my overall value dropped by $5,000, I got worried and moved everything to the G Fund. Then I spoke to a friend who explained to me the $5,000 loss was really only a decrease in value, and not real money. Now that I better understand I would like to move back to the L Fund. Will I be penalized or will my funds be significantly effected because i did this switch?

Q. I’m currently 31 and have 8 ½ years of government service. I’d like to retire as soon as possible, so what is the most practical course of action if you were in my shoes? Working to MRA of 57 (37 years of service), assuming the annuity is enough to support me in retirement, or waiting until 59 ½ to be able to collect the annuity and TSP payments? Or resigning at an earlier age?

Q. I am a federal employee under CSRS, eligible to retire with max benefits in 2024 (41 years and 11 months) at the age of 60. My TSP distribution is 50 percent L 2020, 15 percent C fund, 15 percent S and 15 percent I funds. At the close of 2018 my balance was $340,295, which reflects a loss of $47,753. Should I move everything to the L Fund?

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