The rule of 55 is something that applies to workplace retirement plans including the TSP. It gives FERS retirees access to their TSP prior to age 59.5 that applies to IRAs. It's important that federal employees understand what it is and who it applies to. If you need help with your retirement planning and would like to schedule an introductory call you can do so here. My website ... ( read more )
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The Rule of 55 for the Thrift Savings Plan (TSP) is a valuable retirement strategy that allows federal employees to withdraw funds from their TSP accounts penalty-free as early as age 55. This rule offers flexibility for those looking to retire early and serves as a great tool for planning their financial future. The TSP is a retirement savings plan specifically designed for federal emp...
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