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[Reduction in Force] Part 22: How Can I Access My Thrift Savings Plan (TSP)?
ProFeds Founder, Chris Kowalik, reviews the IRS rules which allow federal employees to take from their TSP at various ages if they are RIF'ed.
KEY TAKEAWAYS:
- How do employees access TSP after they have separated (resigned or retired)
- How long employees have to wait take withdrawals from TSP
- What penalties may apply to withdrawals prior to age 59 ½
Additional resources:
Link to full RIF training series: FedImpact.com/RIF-training-series
Local workshop locations and dates: FedImpact.com/attend
To be introduced to a local financial professional: FedImpact.com/request-to-meet
View all episodes
By Chris Kowalik, ProFeds
4.7
8989 ratings
ProFeds Founder, Chris Kowalik, reviews the IRS rules which allow federal employees to take from their TSP at various ages if they are RIF'ed.
KEY TAKEAWAYS:
- How do employees access TSP after they have separated (resigned or retired)
- How long employees have to wait take withdrawals from TSP
- What penalties may apply to withdrawals prior to age 59 ½
Additional resources:
Link to full RIF training series: FedImpact.com/RIF-training-series
Local workshop locations and dates: FedImpact.com/attend
To be introduced to a local financial professional: FedImpact.com/request-to-meet
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