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Home | TSP Withdrawals | Which Thrift Savings Plan Withdrawal Method Is B . . .

Which Thrift Savings Plan Withdrawal Method Is Best? (Free Video Gives Pros and Cons)

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The National Active and Retired Federal Employees Association (NARFE) reports that:

  • approximately 88 percent of federal retirees elect to take their TSP savings in monthly withdrawal payments,
  • 12 percent elect a single payment withdrawal,
  • and less than 1 percent elect the annuity-purchase option.

Knowing the pros and cons of the TSP's monthly withdrawal options is critical to preparing for retirement -- whether you are retiring this year or 10-20 years from now.

After years of faithfully contributing your hard-earned money into your Thrift Savings and carefully managing the allocations for optimal growth, the last thing you would want is a costly surprise because your contributions weren't enough to supplement your other sources of government income: retirement annuity, FERS Supplement, and Social Security.

The following free online video gives an informative case scenario of the three different TSP monthly withdrawal options.   It analyzes the pros and cons of each using the Benefits Calculator and Retirement Planner software, and includes 20 pages of training notes (PDF download)

To download the training notes, click here

To view the online video (approx 10 minutes),
click here
.





·  How to Estimate Monthly TSP Annuity Payments
·  Types of Thrift Savings Plan Annuitites
·  Thrift Savings Plan Annuities
·  Full Withdrawal from the Thrift Savings Plan
·  Partial Withdrawals to the Thrift Savings Plan
·  Thrift Savings Withdrawal Options After Leaving Federal Service
·  In-Service Withdrawals to the Thrift Savings Plan
·  Thrift Savings Plan Contributions: Basic Rules
·  Transfers or Roll Overs to Your Thrift Savings Plan from Other Retirement Plans
·  Critical Ins and Outs of Repaying a TSP Loan
·  How to Apply for A Thrift Savings Plan Loan
·  Types of Thrift Savings Plan Loans



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