Should I Roll Over My TSP After Retiring?
Is it better to roll over the TSP after retirement or leave it in place?
Q&A
Q&A from FedSmith authors addressing readers’ questions. We share them here to help you with your federal career or retirement planning.
Penalties for Withdrawing from Roth and Regular TSP
Will I get penalized for being only 56 and taking money out of the Roth TSP when I am eligible to take money out of the regular TSP?
Spouse’s Survivor Benefit at the Time of Death
I am 60. I would like to continue to work at least until I’m 62 but if I were to pass away before retiring, would my wife be able to apply for a survivor’s pension based on my being eligible for retirement at the time I died?
When Does the Administrative Workweek Begin?
When does the regularly scheduled work week begin? Is it always on a Sunday or is it Monday?
Withdrawing TSP Funds to Cover Debt
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?
Impact of Government Pensions on Social Security
I retired under CSRS and then went to work for the state government under a state pension system. How will the two government pensions affect my Social Security benefits?
Can You Lose Comp Time?
How long do you have to use the comp time you accrue during the year? Can you lose it if you don’t use it within a certain period of time?
Penalty for Withdrawing From TSP
I am age 64 and retired from GSA in 2008 under the CSRS, having worked 36+ years. Is there a penalty for me to withdraw some or all of my TSP before age 70 1/2 ?
Sunday Premium Pay and Travel
May an employee choose to waive Sunday premium pay and work just base rate on Sunday? For instance, if an employee travels on Sunday, can he claim to work on Sunday but not claim premium pay?
CSRS Offset and Social Security Deductions
My husband’s personnel office just found out that he should have been in CSRS Offset after 21 years of coming from the DC Government. After his maximum SS tax was reached, his personnel office stopped the SS deduction. In the past, after the maximum was reached he has received the SS contribution in his paycheck. Was this done correctly?
