Re: [TSPStrategy] 20% tax on withdrawals

You'll find the password and other relevant information for joining any of the webinars here:

https://www.tsp.gov/online-learning



On 7/24/21 at 6:51 AM, Robert Albright wrote:

From: "Robert Albright" <albright101764@gmail.com>
Date: July 24, 2021
To: TSPStrategy@groups.io
Cc:
Subject: Re: [TSPStrategy] 20% tax on withdrawals

The webinar is a private event, you must have a password from the host to attend. Do you have any info on how to go about getting an invite?

On Jul 24, 2021, at 02:44, eljosco@mail.com wrote:



That's interesting to know it happened that way.

An easy way to check out about TSP withdrawals is to attend one of their webinars on this topic. Besides their chat the live Q&As are always helpful. There's one specifically on post-service (retirement) withdrawals coming up this Wednesday at 10am. 

https://www.tsp.gov/online-learning/#tsp-post-service-withdrawals



On 7/23/21 at 7:45 PM, Karol Kusunose wrote:

From: "Karol Kusunose" <lochcarron@msn.com>
Date: July 23, 2021
To: "TSPStrategy@groups.io" <TSPStrategy@groups.io>
Cc:
Subject: Re: [TSPStrategy] 20% tax on withdrawals

This what HAPPENED.....  I requested 20% tax amount and filed it as an RMD.

 

They took out 10% BECAUSE I filed it as and RMD.  In previous years I requested a monthly amount and

they sent 20% as I requested to the IRS BECAUSE I DID NOT designate it as an RMD,

 

This was the verbal explainaton given to me when I called then for an explaination.

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