Re: [TSP_Strategy] retired

 

this only works if you are over 59 1/2

On Thu, Aug 27, 2015 at 12:01 PM, Ralph Architzel rarch71@gmail.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:

 

Why don't you take the one-time partial to an IRA directly so that it doesn't get taxed.  Once it is in that IRA you can take out the portion you want immediately and only that part will be regular income - the remainder will be more flexible in an IRA than that which you leave in the TSP, but I think the TSP is hard to beat.

You can always take a full withdrawal later on (after a partial) - and that can be a combination full withdrawal.

On Thu, Aug 27, 2015 at 11:34 AM, Gayle Taylor dollhousefreak@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:

 

I believe I know the answer but just in case ---- 

I retired a little over 2 years ago.  So far have not touched my TSP.  I am thinking about taking the one time withdrawal to bank some and to spend some! (Hey, could be hit by a truck tomorrow, right?)

So they will tax the heck out of it unless I open an IRA, correct?

Thanks

Gayle

 

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Posted by: Arthur Jeyes <artjeyes@gmail.com>

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