Federal TSP is apparently still using the old life expectancy tables for determining 2022 RMDs
In January 2022 I received an RMD distribution from an inherited federal TSP account in conjunction with the direct rollover of this account to an inherited IRA and the distribution ended up being for more than I was expecting. The RMD distribution was apparently calculated using the factor obtained from the old Single Life Expectancy table, not the new-for-2022 table, resulting in a distribution of about 10% more than I think it should have been. I mention this only as information that others might find useful, not because I am going to try to do anything to get the TSP to make any correction. My guess is that they are also still using the old tables for other RMD calculations as well, so beware.
Permalink Submitted by Alan - IRA critic on Thu, 2022-01-27 00:38
Strange, since they have had over a year advance notice for programming the new tables. TSP owners could simply roll over the excess of the statutory RMD, but for a non spouse inherited TSP distribution a rollover isn’t allowed. Other TSP non statutory practices apparently include declining use of the joint and survivor table (II), and declining to allow aggregation of RMDs between the pre tax and Roth TSP accounts.