Withdrawal Penalty TSP at 59

0
0

I will be 59 in December and plan on retiring December 31st with 32 years FERS. Can I withdrawal funds from my TSP without a penalty?

Blocked by moderator
Posted by (Questions: 2, Answers: 0)
Asked on June 10, 2018 12:03 am
1591 views
5
Private answer

Yes. As long as you separate from federal service in the year in which you turn 55 (or later) there is no early withdrawal penalty.

Blocked by moderator
Posted by (Questions: 0, Answers: 65)
Answered on June 21, 2018 1:46 pm