Government Thrift Savings Plan
Do you know if the Government TSP plan has any provisions that would allow withdrawals without penalties for someone who retires at the age of 53 and wants to start taking income out?
Do you know if the Government TSP plan has any provisions that would allow withdrawals without penalties for someone who retires at the age of 53 and wants to start taking income out?
Permalink Submitted by Alan - IRA critic on Tue, 2018-02-06 18:51
Only for qualified public safety employees as defined. For these employees the separation from service can occur at age 50 or later. Per Sec 72(t)(10).