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Government Executive · 6d

Look before you leap from the TSP

For federal employees weighing whether to leave the TSP, five certified financial planners offer their insights on what to be aware of and what flexibilities lay in the private markets.
Icon for www.thestreet.comTheStreet.com · Jun 17, 2020

Ask Bob: Should I Take a Financial Hardship Withdrawal from My Thrift Savings Plan?

“If you are under age 59½, then your TSP hardship withdrawal will be subject to an ... “With a loan, you can avoid the upfront taxation and, should you retire after 59½ you could avoid ...
Icon for www.businessinsider.comBusiness Insider · 13d

Understanding the Thrift Savings Plan (TSP) and loan options: A guide for federal employees

You may also be subject to early withdrawal penalties if you're under the age 59½. Can I have two general purpose TSP loans at the same time? It indicates an expandable section or menu ...
Investopedia on MSN.com · Sep 25, 2019

Roth TSP vs. Roth IRA: What's the Difference?

Learn how a Roth IRA and Roth TSP differ. The main difference between the two is that the TSP is for federal government employees.
Government Executive · 27d

Taxes and the TSP

With many federal employees unexpectedly losing their jobs, now is a good time to review some essential tax rules.
Icon for www.msn.comMSN · Jul 29, 2024

When can you withdraw from a 401(k)? Age requirements and penalty-free options

You can withdraw from your 401(k) without penalties starting at 59½. Withdrawals before this age often incur a 10% early withdrawal penalty unless an exception applies. Some exceptions for early ...