What are TSP Withdrawal Ages - What is a TSP Withdrawal Age? 1-800-566-1002 What are the best types of TSP Withdrawal Age strategies and learn how you can avoid the most common mistakes that individuals have made when looking to withdraw money from their TSP retirement accounts. Thrift Savings Plan Withdrawal Ages Review Your TSP money is generally not available while you are still employed by the government. You can withdraw money from your TSP if you reach age 59 1/2 by making an age-based in-service withdrawal You have more options to adjust your TSP than you do with insurance benefits. Retirement accounts (TSP, IRA, 401k etc.) You can save money on retirement and still get significant tax benefits. The Best TSP Withdrawal Age Strategies You will be taxed on any TSP money you spend, even if it came from Roth funds. If you are 55 years old or older, the simplest way to avoid the 10% penalty is to retire. If you are 55 years old in December and retire this year, you
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)