Thursday, September 8, 2011

Understanding TSP Withdrawal Options -- Part V: Required Minimum Distributions

An employee who retires from or leaves federal service is not required to withdraw anything from his or her TSP account until he or she becomes age 70.5. But during the year the TSP participant becomes age 70.5 and every year thereafter, the TSP participant is required to make a required minimum distribution (RMD). Federal benefits expert, Ed Zurndorfer, discusses the RMD rules with respect to the TSP and how the RMD is computed



View the original article here

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