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Transferring TSP to IRA: Withdrawal Rules
First, I have listened to your podcast for year,s and it has been a wealth of information. Thank you. Now for my question...I am a 54 year old federal law enforcement officer. I plan to retire in June after 33 years of service. My plan was always to transfer my TSP to an IRA so I had more control. I plan to take withdrawals from the TSP/IRA immediately upon retirement. However, I recently read that if I do the transfer, the IRA rules would then apply, and I could not withdraw until age 59 1/2. Is that true? - Sam https://zurl.co/DCfuA
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By Micah Shilanski & Tammy Flanagan
4.7
120120 ratings
First, I have listened to your podcast for year,s and it has been a wealth of information. Thank you. Now for my question...I am a 54 year old federal law enforcement officer. I plan to retire in June after 33 years of service. My plan was always to transfer my TSP to an IRA so I had more control. I plan to take withdrawals from the TSP/IRA immediately upon retirement. However, I recently read that if I do the transfer, the IRA rules would then apply, and I could not withdraw until age 59 1/2. Is that true? - Sam https://zurl.co/DCfuA
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