Federal Benefits Q&A

Question: “As I understand it, a FERS retirement at minimum retirement age allows one to withdraw from the regular TSP, but for a Roth TSP, one must wait until age 59.5—and for five years. Is this correct?” View More

Remedies offered to victims

President Obama and the Thrift Savings Plan took steps this month to aid victims of the storms and flooding in Louisiana. View More

What are the standards to get a loan or in-service withdrawal?Apr 06, 2014

Documentation is not required for a general purpose loan or for an age-based withdrawal (assuming you are at least age 59 ½). View More

I have both traditional and Roth balances in my account. If I want to take out a loan or a withdrawal, can I designate the money to come from just one of them for tax planning purposes?Apr 06, 2014

No. Loans and withdrawals are paid out proportionately from each type of account. View More

Could I access my TSP account in a furlough?Apr 06, 2014

What happens if I leave federal service for retirement or other reasons with an outstanding loan?Apr 06, 2014

If I retire or leave federal service for another reason, do I have to withdraw my TSP account?Apr 06, 2014

What are the main withdrawal options?Apr 06, 2014

Should I just transfer my TSP account to an IRA?Apr 06, 2014

What’s the difference between a series of monthly payments and an annuity?Apr 06, 2014

What determines the amount of an annuity?Apr 06, 2014

Is my spouse’s permission needed in a withdrawal decision?Apr 06, 2014