You would have to pay taxes on the total withdrawn so it might mean more tax in a higher tax bracket.
From: TSPStrategy@groups.io <TSPStrategy@groups.io> on behalf of Eric <ericscofield31@gmail.com>
Sent: Friday, July 23, 2021 1:17 PM
To: TSPStrategy@groups.io <TSPStrategy@groups.io>
Subject: Re: [TSPStrategy] 20% tax on withdrawals
Sent: Friday, July 23, 2021 1:17 PM
To: TSPStrategy@groups.io <TSPStrategy@groups.io>
Subject: Re: [TSPStrategy] 20% tax on withdrawals
What about a situation where you take all the money out to invest it in something else like gold? Are you penalized in that situation?
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