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Many factors affect people's retirement decisions. Social Security clearly plays an important role. Majority of people retire at ages 62 and 65. Greater wealth tends to lead to earlier retirement, since wealthier individuals can essentially "purchase" additional leisure.
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
View the original article here
Labels:
Distributions,
Minimum,
Options,
Required,
Understanding,
Withdrawal
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