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Re: [TSP_Strategy] New TSP Bill sent to President

 

I'm also interested in how the new features will affect those of us who are already retired.


I'm 68, retired two years ago, and have already taken one partial withdrawal, which, under the current rules, is all I am allowed until I submit a request for a total withdrawal.  Of course, I will have to do this in about two years when I turn 70.

As I understand it, the new rules will allow members to change the amounts and timing of withdrawals in ways that are not presently allowed.  

Will those new freedoms also apply to retirees?  If a retiree has already asked for a total withdrawal with monthly distributions, will he or she be able to change amounts more than once a year?

If anyone knows, I'd be happy to learn.

Thanks for sharing your information and insights!

David
On Nov 9, 2017, at 4:35 PM, bbinc2012 borda_brian@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:

Would be interesting to see if/how these new features will effect administrative costs, which are currently extremely low.


On Thursday, November 9, 2017 9:59 AM, "sarah_oz@yahoo.com [TSP_Strategy]" <TSP_Strategy@yahoogroups.com> wrote:


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Posted by: David Correll <davidcorrell@comcast.net>
Reply via web post Reply to sender Reply to group Start a New Topic Messages in this topic (3)

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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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