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Your New TSP Withdrawal Options

August 7, 2019 My Federal Retirement

The video below provides a broad overview of the changes coming to the Thrift Savings Plan (TSP) from the passing of the 2017 TSP Modernization Act.

The changes have a planned release date of Sept. 15, 2019.

Specifically, the video covers:

  • introduction of more flexible TSP withdrawals
  • age-based in-service withdrawals
  • post-service retirement income options
  • Required Minimum Distributions (RMDs), IRS early withdrawal penalties, and TSP expenses

SEE ALSO: TSP Updates FAQs on New Withdrawal Options Available in September 2019

[Video length:  approximately 1 hour, 19 minutes]

https://youtu.be/gXEmT3ENYCY

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Related:

  • TSP Outlines New Method for Catch-Up Contributions
  • 10 Thrift Savings Plan Mistakes Federal Employees Should Avoid

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