Upon leaving or retiring from federal service, Thrift Savings Plan participants can request installment payments from their traditional TSP account. Ed Zurndorfer explains the taxes on this TSP withdrawal option more…
Retiring Early Under the FERS MRA+10 Provision
What happens when a FERS employee wants to retire prior to meeting all of the full eligibility requirements? Chris Kowalik discusses the way to avoid one of the penalties associated with MRA+10 rules — plus how MRA+10 affects the FERS Special Retirement Supplement more…
Tax Rules on TSP Withdrawals
Before deciding to withdraw money from their Thrift Savings Plan (TSP) accounts, TSP participants are advised to be aware of the tax rules. Ed Zurndorfer outlines them for both traditional and Roth TSP accounts, including the IRS reporting rules, withholding taxes, and early withdrawal penalties more…
TSP Roth In-Plan Conversions Coming January 2026
The Thrift Savings Plan (TSP) announced officially last week that starting in January 2026 TSP participants will be able to convert their money in traditional TSP (pre-tax) balance to a Roth TSP (after-tax) balance. Helpful resources are available on the TSP Roth option more…
TSP Withdrawal Option: Installment Payments (Automatic Withdrawals)
Ed Zurndorfer discusses the Thrift Savings Plan installment payment withdrawal option, including the fixed dollar payment amount and a payment based on life expectancy. A practical example is included more…