A retired federal employee has several options for withdrawing from their Thrift Savings Plan accounts. Ed Zurndorfer outlines the total distribution TSP withdrawal option including the income tax consequences for traditional and Roth accounts and the pros and cons of direct rollovers to IRAs
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Thrift Savings Plan (TSP)
TSP Withdrawal Option: Partial Distribution
A retired federal employee has several options for withdrawing from their Thrift Savings Plan accounts. Ed Zurndorfer outlines the the partial TSP distribution option including its tax consequences, the limit of distributions allowed, rollovers, and required minimum distributions (RMDs). Practical examples are included. more…
New TSP Training Webinars
The Thrift Savings Plan has announced its recent line-up of free training including the topics of TSP contributions, investment funds, loans, withdrawals, and death benefits more…
Using QLACs to Minimize TSP RMDs and Create Guaranteed Income
Ed Zurndorfer outlines how federal employees and retirees who have Thrift Savings Plan accounts can use Qualified Longevity Annuity Contracts to reduce required minimum distributions and create guaranteed lifetime income more…
TSP Changed the Lifecycle (L) Funds on June 30
The Thrift Savings Plan will now have eleven L Funds which are designed to help participants target the time when they’ll need their retirement savings more…
Tax Rules for Roth TSP to Roth IRA Rollovers
Many federal employees choose to rollover their Roth Thrift Savings Plan to a Roth IRA. But the rules are complicated. Ed Zurndorfer explains the rules and provides practical examples more…
Understanding the Basics of Retirement Plan Rollovers
Retirement plan rollovers are an important part of a federal employee or retiree’s overall retirement savings — especially true those who own multiple retirement accounts, including the Thrift Savings Plan, IRAs, and other retirement accounts such as a 401(k). Ed Zurndorfer provides insight on rollovers to help federal employees and retirees consolidate accounts or optimize their tax strategy more…
What Should You Do With Your TSP Account When You Retire?
The decision as to what a retiring federal employee should do with their Thrift Savings Plan accounts needs to be considered carefully. Ed Zurndorfer outlines the consequences of each choice. more…
What Departing Federal Employees Can (and Cannot) Do With Their TSP Account
Ed Zurndorfer discusses TSP contributions, TSP loans, withdrawals and distributions (RMDs) more…
Latest TSP Share Prices
Get the latest Thrift Savings Plan share prices which determines the value of your TSP account at the end each business day more…

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