Q: I am 66 years old but am still working for the federal government and making monthly deposits into my TSP funds. Can I withdraw some of the funds to take care of some revolving debt?
A: If you have not previously taken an “age-based withdrawal” from the TSP, you are entitled to take one now. The TSP has a publication on in-service withdrawals available on its website that gives detailed information about age-based withdrawals.
Agencies can request to have John Grobe, or another of Federal Career Experts' qualified instructors, deliver a retirement or transition seminar to their employees. FCE instructors are not financial advisers and will not sell or recommend financial products to class participants. Agency Benefits Officers can contact John Grobe at
johnfgrobe@comcast.net to discuss schedules and costs.
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