Withdrawing TSP Funds Without a Penalty
If I retire when I am eligible but do not withdraw my TSP funds can I still do so when I turn 55 without a penalty?
Q&A
Q&A from FedSmith authors addressing readers’ questions. We share them here to help you with your federal career or retirement planning.
Social Security Supplement and the Social Security Earnings Test
I’m currently 51 years old, planning to retire the year I turn 55. Will the social security supplement be subject to the social security earnings test?
Extra Pay Period in 2015 and Your TSP Contribution Schedule
I am getting conflicting information regarding the extra pay period in 2015 as it relates to setting my TSP contributions for the year – are you absolutely certain there will be an extra pay period?
What is the Best Date to Retire?
I am planing to retire this FY. I am trying to determine if hanging until Jan. 10, 2015 for full lump sum (448 hours) is a better option than going 12/31/14 which would obviously get my annuity started 1 month earlier.
Planning End-of-Year TSP Contributions
I am trying to plan my TSP contributions accordingly. 1-JAN-16 is a Friday and nominally a Pay Day. But given it’s a holiday, will the payday be moved to 31-DEC-15?
Suspending and Restarting FEHB
I have been told that when you retire you can request to suspend your FEHB and at a later open season or qualifying life event restart it. I would like to know if this is true and how it can be accomplished.
Is It Best to Retire on the Last Day of the Month?
I have a friend who says it is best to retire on the last day of the month because you will get paid for the month worked plus you will get an annunity check for that same month. Is this true?
TSP Annuity After Retirement
If I elect to take the TSP annuity after retirement and I die before using all of my contributions will it go to my adult daughter, my elected beneficiary?
Adding CSRS Offset Time to FERS or CSRS Employment Years
When my retirement is calculated over 30 years in service, will my CSRS Offset time be added to the CSRS years, or the FERS years?
Am I Eligible for the Special Retirement Supplement?
I am a VA employee under FERS retirement. I meet the MRA. Does this mean I would not be eligible for the special retirement supplement?
