A Comprehensive Guide to TSP Early Withdrawal - Understanding Early Withdrawals from Thrift Savings Plan.
What are TSP Early Withdrawals – What is a TSP Early Withdrawal? 1-800-566-1002. What are the best types of ways to take tsp withdrawals for retirement and learn how you can avoid the most common mistakes that individuals have made when looking use a TSP early withdrawal for their tsp retirement accounts. Do you know exactly what the Thrift Savings Plan actually is? Also known as the TSP, the Thrift Savings Plan is the retirement savings plan provided by the U.S. government for federal employees and federal retirees as well as current and former members of the U.S. Uniformed Services. The Thrift Savings Plan is a tax-deferred defined plan of contribution. It is administered and controlled by the Federal Retirement Thrift Investment Board, an independent government agency established in 1986 for this purpose. The Thrift Savings Plan is very similar to a private sector 401k plan , in that it serves as an investment vehicle for an individual's retirement funds. These...